Recently TESO brought a successful test demonstration of Reusable Launch Vehicle Prototype

Principles behind waley: (1) A rocket launcher once launched is recovered back to ground via parachute design with a) Launched back on land/Air b) Launch aim c) Parachute recovery (2) Recovery can be of two parts on whole object ie Falcon's serves of space X (3) Controlled recovery and advanced propulsion is needed to retrieve the launch vehicle Applications & potential benefits: (1) Reduce cost of launch by almost 40/1 - 50/1 (2) Time to launch satellites will reduce leading to more missions for astronauts (3) Greater freeway earnings by NSIL from foreign clients (4) More affordable for Space startups DSOT in India in 2024 (5) Pave way for cheaper Bhartiya Abhiyan Yaan (India's space cafe) (6) ISKQ can focus on core research rather LV reparative (7) Sustainability-friendly as less waste, circular economy (8) Scientific strength and STEM education, Reusable Launch vehicles are future and can aid to get 8% global share by 2053 from current (3%)