This comes after India's ambitious mission Chandrayaan-2 - to land on the far side of the moon - could not get through last year.
Indian Space Research Organisation (ISRO) chief K Sivan on Wednesday started the New Year with good news, stating that India's new lunar mission Chandrayaan-3 will be launched later this year in November 2020.
"The government has approved Chandrayan-3, the project is ongoing," Sivan said at a press conference today.
"The land acquisition for a second space port has been initiated and the port will be in Thoothukudi, Tamil Nadu," he said.
Sivan added that the Chandrayaan-2 orbiter is still functioning well and will function for the next 7 years to produce scientific data.
"We have made good progress on Chandrayan-2, even though we could not land successfully, the orbiter is still functioning, it's going to function for the next 7 years to produce science data," he told media.
Sivan described 2020 as a big year - the year of Gaganyaan and Chandrayaan.