:
| Updated On: 21-Nov-2025 @ 1:21 pmThe first privately built PSLV rocket is expected to launch early next year, with two or three missions planned in 2026. L&T’s A.T. Ramchandani said hardware delivery has begun, though delays occurred because the EOS-10 satellite for the first PSLV-N1 mission was not ready. ISRO commercialised PSLV production in 2022, awarding HAL–L&T a contract to build five rockets, with potential for ten more. While ISRO currently provides payloads, the consortium may later market launches independently. Companies needing heavier-lift vehicles, especially for communication and earth-observation satellites, have already shown interest. ISRO also supported the team in resolving technical challenges.