By Radhakrishna Rao
18 May , 2016
PSLV and other Indian launch vehicles including the high performance Mark Two version of three stage Geosynchronous Satellite Launch Vehicle (GSLV-MKII) have been developed by the Indian Space Research Organisation (ISRO) with the funding from the Indian government. However, the affordable cost of human expertise in India and the innovative engineering strategy adopted by ISRO have contributed to the low cost of the Indian launch service. And the argument of the US space industry captains that India should price its launch services in conformity with the international market trend does not make sense. Perhaps there is hardly any other commercial space vehicle in operation elsewhere in the world which is similar in mission capability to PSLV.
…both the US and the European space industry, which dominate the global commercial satellite launch market, is no more operating a kind of launch service that PSLV is well equipped to provide.