New Space India Limited

New Space India Limited (NSIL) the commercial arm of India's Department of Space seeks private manufacturers to produce LVM3, the launch vehicle used for Chandrayaan-2, Chandrayaan-3, and future Gaganyaan missions.

Initially utilized for missions beyond Earth's orbit, LVM3 demonstrated commercial viability by deploying multiple satellites in low Earth orbit, including two batches of 36 satellites each for OneWeb.
Amidst increasing demand for heavier communications satellites and global low Earth orbit constellations, NSIL aims to enhance LVM3's payload capacity through technological advancements.
The initiative aligns with the government's strategy to boost private sector participation in space endeavors, transitioning from part producers to complete launch vehicle manufacturers.
NSIL outlines a two-stage bidding process to select manufacturers based on technical qualification and financial competitiveness, fostering a competitive landscape in the space industry.
In a parallel effort, NSIL has tasked a consortium of HAL and L&T to manufacture five Polar Satellite Launch Vehicles (PSLV), with the first privately manufactured PSLV expected to launch this year.