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Home arrow News arrow Aerospace arrow ISRO to scale up outsourcing to industries, plans risk-sharing model
ISRO to scale up outsourcing to industries, plans risk-sharing model Print E-mail
Written by James   
Tuesday, 12 July 2011
Bangalore: The Indian Space Research Organisation (ISRO) plans to increase outsourcing to industries in order to scale up production of rockets (Polar Satellite Launch Vehicle) and satellites.

ISRO also plans to set up a manufacturing complex on 200-300 acres in Sriharikota, close to the launch site - Sriharikota spaceport - on the Andhra coast so that its industrial partners have production there. This is expected to reduce the delivery schedules and turnaround time.

This complex is expected to come up during the 12th plan, which starts in April next year.

ISRO's current vendor base consists of more than 500 industries who account for around 60 percent production share in the programmes being undertaken by it. At present ISRO's suppliers are located in different parts of the country.

ISRO's chairman Dr. Radhakrishnan said that they were getting into risk-sharing model.

He said that the they had initiated informal talks with the industries and were getting a positive response. The industries could also work in the form of a consortium to deliver sub-systems.

 
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