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1. ISRO is looking to form a joint venture with an industry consortium
2. First launch is planned for 2020-21
3. Consortium would have less than half-a-dozen companies from the industry

The Indian Space Research Organization (ISRO) arrangements to manufacture a joint wander with a mechanical consortium to assemble rockets. 

"We are (as of now) utilizing critical measure of things from the business. On the off chance that you take dispatch vehicles (space rockets), 80 percent of our work, we do with the business (which are making space-related hardware) today," the office's Chairman A S Kiran Kumar told PTI in a meeting. 

The space organization is hoping to shape a joint wander with an industry consortium (to fabricate polar satellite dispatch vehicle or PSLV), with the main dispatch made arrangements for 2020-21 under this proposed substance, Kiran Kumar said. 

"We are currently experiencing the way toward building up those instruments and getting the important endorsements," he said. 

As indicated by the ISRO Chairman, the consortium would have not as much as about six organizations from the business, which would, nonetheless, have many sub-temporary workers under them. 

In the region of satellites, the ISRO has given an agreement to an organization for gathering, mix and testing of shuttle. 

"We are getting huge numbers of the sub-frameworks done through the business the nation over," he said. 

Inquired as to whether he sees the ISRO as an immaculate R&D player outsourcing all other work to the business, Kiran Kumar stated, "It ought to be a perfect thing to occur over the long haul in light of the fact that if the business can do what is required, then certainly it's a superior open door for us (ISRO)." 

The ISRO perceives the commitments of the business in taking care of the requests of national needs of the space frameworks and furthermore says, "The cooperation of the business in the acknowledgment of space frameworks, for example, rocket, dispatch vehicles, foundation and operations of ground frameworks and offices and execution of use projects have been consistently developing."