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Friday, February 14, 2025

Adani-backed firm among three finalists in India's small satellite launch rocket privatisation:-ET

 

Adani Group is among the finalists to take over the private production of India's Small Satellite Launch Vehicle (SSLV). The government aims to transfer the SSLV's production to private industry and expand India's presence in the global satellite launch market, currently dominated by SpaceX. Three companies, including state-backed Bharat Dynamics and Hindustan Aeronautics, are competing for the contract.

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