- India’s premier Space Research Organisation (ISRO) is targetting up to 10 launches a year by 2016.
- On the total outlay for the ambitious project, their allocation had been reduced.
- This year ISRO will make full use of the allocation and are expecting anything between Rs 6000-to Rs 7000 crore.
- Of the 7 IRNSS (Indian Regional Navigation Satellite System) constellation of satellites, 4 have already been launched and the remaining will be launched in the current fiscal.
- ISRO was having “heavy demand” for launches and is in the process of planning for a third launch pad at SriHarikotta.
- On the Re-usable launch vehicle Technology Demonstration Programme (RLV-TD), ISRO is targetting the mission in the third week of October.
- The Chandrayan II has progressed satisfactorily and is expected to be launched in 2018.
- The cryogenic engine for GSLV MK III has been ground tested for the full flight duration and will be ready by next year for the launch in December 2016.