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The Indian Space Research Centre(ISRO) is planning to commission a third launchpad at its Sriharikota to speed up the future missions.
The proposed future launches would materialise over the next two years and it includes our communication satellites and some foreign payloads.
The new launchpad may also be used for Geosynchronous Satellite Launch Vehicle Mark III, carrying heavier satellites. It will also be used by reusable launch vehicle – the Indian version of a space shuttle.
ISRO has also planned to launch Chandrayaan-II, the sequel to its successful moon mission, send a satellite to the Sun, send a probe to Mars and venture into human space-flight.
Source: TOI