Article ID: | iaor201530591 |
Volume: | 110 |
Start Page Number: | 161 |
End Page Number: | 167 |
Publication Date: | May 2015 |
Journal: | Acta Astronautica |
Authors: | Nagendra Narayan Prasad |
Keywords: | economics |
The Indian space transportation programme has grown from strength to strength with the launching of sounding rockets in the 60's to the development of heavy lift vehicles for telecommunication satellites in the present decade. With the growing market confidence in Indian Space Research Organisation's ability to reliably deliver payloads to low Earth orbit with its Polar Satellite Launch Vehicle, there is an inherent opportunity for India to cater to the commercial market. The present work assesses the current launch capacity of India in retrospect of international launches and provides India's outlook for the space transportation in the current decade. Launch capacity correlation with the requirements within the Indian space programme as well as the current space transportation infrastructure have been considered to identify bottlenecks in catering to the current national requirements alongside securing a greater market share in the international launch market. The state of commercialisation of launch vehicle development has been presented to provide an overview of policy and organisational issues for commercialisation of space transportation in India.