With India's Second Spaceport Launch, More Private Players Will Make It A Satellite Launch Hub

With the upcoming 2nd spaceport, India’s decision to privatise space launches is expected to bring more launch contracts to ISRO, and achieve targeted 5-fold increase in global launch market share.

Representational image of ISRO's latest meteorological satellite, INSAT-3DS, aboard GSLV-F14 that was launched on February 17, 2024, from the spaceport of Sriharikota. ( Image Source :ISRO )

With the raising of India’s second spaceport in about two years, India will join a select league of nations that have more than one such satellite launch site. The foundation stone of this second spaceport, situated in Tamil Nadu’s Kulasekarapattinam in Thoothukudi district, was laid by Prime Minister Narendra Modi on February 28. The new spaceport is a significant milestone for the Indian Space Research Organsation (ISRO) and will greatly enhance India’s standing in the comity