HAL Wins Rs 5.11 Billion Deal to Build SSLV Rockets
ECONOMY & POLICY

HAL Wins Rs 5.11 Billion Deal to Build SSLV Rockets

Hindustan Aeronautics Limited (HAL), based in Bengaluru, has secured a major Rs 5.11 billion contract to develop India’s Small Satellite Launch Vehicle (SSLV), following a two-stage techno-commercial bidding process. The announcement was made jointly by the Indian National Space Promotion and Authorisation Centre (IN-SPACe) and the Indian Space Research Organisation (ISRO).

With this win, HAL becomes India’s third rocket manufacturer, following private space tech firms Skyroot Aerospace and Agnikul Cosmos. Under the new mandate, HAL is expected to produce between six and twelve SSLV rockets per year.

According to IN-SPACe chairman Dr. Pawan Kumar Goenka, the project will begin with HAL building two SSLV prototypes over the next two years, during which ISRO will transfer the required technology. HAL emerged as the highest bidder at Rs 5.11 billion, beating out two other consortiums led by Alpha Design (Bengaluru) and Bharat Dynamics Limited (Hyderabad).

The competitive selection process initially shortlisted six firms, narrowing down to three for the final evaluation. The expert selection committee included prominent figures such as former Principal Scientific Adviser to the Government of India, Dr. Vijay Raghavan.

During the initial development phase, HAL is required to use ISRO’s existing supply chain and adhere strictly to the original SSLV design. After this period, the company will have the autonomy to choose its own vendors and incorporate design enhancements under ISRO’s advisory oversight.

Dr. Goenka noted the possibility of design improvements to make the SSLV more efficient and cost-effective. HAL will make an upfront payment from its Rs 5.11 billion bid at the time of signing the contract, with the balance to be paid in instalments over the two-year development period.
+
A HAL representative confirmed the firm’s intent to offer competitively priced satellite launch services once operational but did not disclose specific pricing. The development of SSLVs by HAL is expected to bolster India's small satellite launch capacity and help meet the growing global demand for low-cost, on-demand orbital access.

Hindustan Aeronautics Limited (HAL), based in Bengaluru, has secured a major Rs 5.11 billion contract to develop India’s Small Satellite Launch Vehicle (SSLV), following a two-stage techno-commercial bidding process. The announcement was made jointly by the Indian National Space Promotion and Authorisation Centre (IN-SPACe) and the Indian Space Research Organisation (ISRO).With this win, HAL becomes India’s third rocket manufacturer, following private space tech firms Skyroot Aerospace and Agnikul Cosmos. Under the new mandate, HAL is expected to produce between six and twelve SSLV rockets per year.According to IN-SPACe chairman Dr. Pawan Kumar Goenka, the project will begin with HAL building two SSLV prototypes over the next two years, during which ISRO will transfer the required technology. HAL emerged as the highest bidder at Rs 5.11 billion, beating out two other consortiums led by Alpha Design (Bengaluru) and Bharat Dynamics Limited (Hyderabad).The competitive selection process initially shortlisted six firms, narrowing down to three for the final evaluation. The expert selection committee included prominent figures such as former Principal Scientific Adviser to the Government of India, Dr. Vijay Raghavan.During the initial development phase, HAL is required to use ISRO’s existing supply chain and adhere strictly to the original SSLV design. After this period, the company will have the autonomy to choose its own vendors and incorporate design enhancements under ISRO’s advisory oversight.Dr. Goenka noted the possibility of design improvements to make the SSLV more efficient and cost-effective. HAL will make an upfront payment from its Rs 5.11 billion bid at the time of signing the contract, with the balance to be paid in instalments over the two-year development period.+A HAL representative confirmed the firm’s intent to offer competitively priced satellite launch services once operational but did not disclose specific pricing. The development of SSLVs by HAL is expected to bolster India's small satellite launch capacity and help meet the growing global demand for low-cost, on-demand orbital access.

Next Story
Infrastructure Urban

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Next Story
Infrastructure Urban

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Next Story
Infrastructure Transport

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement