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Hiranandani-group firm likely to invest Rs 2,500 crore initially for its ATMP facility

Several private companies collaborated with the ISRO on Chandrayaan-3, highlighting the success of PPP model in India's space endeavours. One such example is L&T, which supplied key components for Chandrayaan-3's launch vehicle

By Shine Jacob The successful launch of Aditya-L1 — the country’s maiden mission to study the Sun — is expected to garner increased investor interest in the Indian space sector and trigger more funding for private players. Several private sector players, including Larsen & Toubro (L&T), MTAR Technologies, and Ananth Technologies, have played a pivotal

The successful launch of Aditya-L1 - the country's maiden mission to study the Sun - is expected to garner increased investor interest in the Indian space sector and trigger more funding for private players. Several private sector players, including Larsen & Toubro (L&T), MTAR Technologies, and Ananth Technologies, have played a pivotal role in the Indian Space Research Organisation's (Isro's) solar observatory mission. Aditya-L1 on Saturday set off on a 125-day journey on a PSLV-C57 rocket, in its attempt to study various elements relating to the nearest star from the halo orbit around Lagran...

This makes the Bengaluru-headquartered company the country’s only private entity to successfully develop and demonstrate the technology, alongside established organisations such as ISRO and DRDO