I don't knw abt its current status but IIT kharagpur should well develop its own satellite when IIT kanpur have already developed and IIT bombay are doing the same. Few other colleges in hyderabad and bangalore have developed a pico satellite which is just about 800 gms is truly an amazing feat.
Goodluck to those who were working on the project
--
Puneria Varun Prakash
Final Year Undergraduate Student
Department of Aerospace Engineering
Indian Institute of Technology Kharagpur,
Kharagpur, West Bengal, India.
PIN-721302