Adani-backed firm among three finalists in rocket privatisation

An Indian Space Research Organisation (ISRO) rocket GSLV-F15, carrying the NVS-02 satellite, blasts off from the Satish Dhawan Space Centre in Sriharikota, an island off the coast of Andhra Pradesh state on January 29, 2025, marking the launch of ISRO's 100th mission. (Photo by R.Satish BABU / AFP)

BENGALURU: Indian conglomerate Adani Group is a finalist, alongside two government-linked groups, to take over private production of India’s Small Satellite Launch Vehicle (SSLV), three sources familiar with the matter say.

The SSLV, developed by the Indian Space Research Organisation, is a low-cost vehicle capable of deploying satellites of up to 500kg into low-Earth orbit, or LEO – the most sought after segment of the satellite launch market.