India developing its own Space Shuttle - Only months after the US retired its Space Shuttle, India has announced its program to develop a reusable spacecraft of its own. Initially unmanned and water-landing, long term plans call for it to become fully reusable and crewed, executing runway landings much the american Space Shuttle of yesteryear.
The design of the winged vehicle by Indian Space Research Organisation (ISRO), the Reusable Launch Vehicle-Technology Demonstrator (RLV-TD), has been approved by the National Review Committee. An ISRO official said design-related issues have been addressed and presented to the National Review Committee and clearance obtained to go ahead to build the RLV-TD.
(Source: parabolicarc.com)