Correct Answer : Option A) 1 Only
Statement 1: "Thumba Equatorial Rocket Launch Station (TERLS) was established in 1968."
This is incorrect. TERLS was actually established in 1963, not 1968. It was India's first rocket launching station located in Thiruvananthapuram, Kerala. The first sounding rocket was launched from this facility on November 21, 1963.
Statement 2: "VSSC is located in Chennai and manages PSLV production."
This is also incorrect. VSSC (Vikram Sarabhai Space Centre) is located in Thiruvananthapuram, Kerala (not Chennai). While VSSC does manage PSLV (Polar Satellite Launch Vehicle) production, the location mentioned is wrong. Chennai is home to ISRO's Madras Institute of Technology Research Park and some other facilities, but not VSSC.