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ISRO to move away from rocket manufacturing, private sector set to take over launch vehicless
Aug 24, 2026
✦India TV News

ISRO to move away from rocket manufacturing, private sector set to take over launch vehicless

ISRO is stepping back from building rockets to focus on research and high-stakes scientific missions. Dr Pawan Goenka said, "ISRO will eventually pull out of launch vehicle manufacturing altogether." Private companies will now take over production, as the agency aims to grow India’s space economy to USD 44 billion by 2033.

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