Isro wants private players to take over PSLV, satellite production by 2020

Space agency says it will now be mostly occupied with the manned space mission, which has to be launched in four years

The Indian Space Research Organisation (Isro) wants private industry to take over responsibilities of developing and manufacturing small rockets, PSLV rockets and satellites from 2020. In the next three years, the industry is expected to get orders worth Rs 90 billion.

Speaking at the World Space Biz, organised by CII and Antrix Corporation, K Sivan, chairman, Isro said the space agency will now be mostly occupied with the manned space mission, which has to be launched within four years.

"We want private industry to take over part of our workload by 2020, which includes development of small rockets, PSLV and