The rocket is due to blast off from the Wenchang Space Launch Centre in the southern island province of Hainan in late July or early August
Landspace needs roughly a further $115 million in capital to reach the stage where it can start commercial operations
Elon Musk and his company's rocket scientists aim to make an early mark on 2018's calendar of space launch events
India is bearing the Rs 450 cr cost of the launch
If successful, this would increase capacity to hurl small satellites into space, meeting both local demand and serving global customers