The Indian National Space Promotion and Authorisation Centre (IN-SPACe) invited Expressions of Interest (EoI) for the transfer of technology of the Launch Vehicle Mark-3 (LVM3) to private Indian companies.
LVM3, also known as Bahubali, is India's heaviest and most powerful operational launch vehicle and is a three-stage rocket developed by the ISRO.
LVM3 was used to launch Chandrayaan-2 and Chandrayaan-3 and placed 72 satellites of OneWeb into orbit during 2022 and 2023.
Selected companies will receive technical assistance and infrastructure support from ISRO for up to 42 months or until they manufacture and launch two LVM3 rockets, whichever is earlier.
India announced space sector reforms in 2020 to increase private participation in launch services and enable ISRO to focus on advanced missions such as Gaganyaan.