Let me see,at $500/kg, ie $15 million per 30 tons,the max load of US shuttle which cost the yanks a min of $450 milion for 1 launch (I guess the 1.5 ton figure below refers to the empty weight of the hindu vehicle)
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Isro's 1.5-tonne vehicle is undergoing final preparations and is expected to make its maiden flight towards the end of July or August.
Officially known as the reusable launch vehicle (RLV-TD), it is undergoing final preparations at the Vikram Sarabhai Space Centre in Thiruvananthapuram. Its primary role will be to reduce the cost of access to space. The cost of placing 1kg of object in space is about $5,000, which scientists are hoping will come down to about $500 with the RLV.