ISRO Chairman V Narayanan has said the space agency is not being privatised and remains a government organisation despite growing private-sector participation.
His clarification came after nine ISRO employee associations sought answers over plans to transfer some manufacturing and operational functions to private entities.
Narayanan said nearly 80 per cent of the budget for PSLV or GSLV launches is invested in Indian industries, while India may need around 50 launch vehicles a year as its space economy expands.

