SSLV rocket programme: India's offer to privatise small satellite launch rocket has 20 potential bidders
India's bid to privatise part of its space programme and take bids on its small satellite launch rocket has drawn interest from 20 companies. India's Small Satellite Launch Vehicle (SSLV) is a low-cost means of launching satellites weighing up to 500 kg into low-earth orbit. It serves a market experiencing a surge in demand for launching clusters of satellites for communication and data. To be eligible, companies must be profitable and the lead bidder in a consortium must have at least five years' manufacturing experience and annual revenue of Rs 400 crore ($48.8 million).
Source: indiatimes.com