Indian space research organization (ISRO)

Indian space research organization (ISRO) is currently working on a satellite launch vehicle that will cut the cost of launching the satellite by half of what it is today. The chairman of  Isro Mr.G Madhavan Nair informed that currently Indian satellite lauch services are already cheaper by 20-30% than the similar services provided by other countries. With this new achievement, India will become the favourite place for all the countries of the world to launch their satellites.

This new generation space satellite launch vehicle is called Mark-III (GSLV-Mk III). He said all this while delivering the Silver Jubilee Commemoration lecture organised by the KEB Engineers’ Association. He also said that the much awaited GSLV-MK3 will be opertional by the year 2010. Sources say that this new vehicle will be able to launch a satellite as heavy as four tonne  into geosynchronous transfer orbit.