ISROs fiscal year runs from April 1 through March 31, so they are midway through Q2 of their year when the Tender period closes - getting contract in place by end of September would then leave 2 quarters to spend their allocated budget for this for the year.  Depending on how quickly the deliverables for Phase 1 can be presented and accepted, that would then set things up for approved funding for the tech transfer activities in future years.

From the  Indian government budget for FY 2017-18

Department of Space, Notes on Demands for Grants

http://indiabudget.gov.in/ub2017-18/eb/sbe91.pdf

Semi Conductor Laboratory (SCL):..SCL is engaged in the Design, Development and Manufacture of Very Large Scale Integrated (VLSIs) devices and Board Level Products to meet the stringent quality requirement of strategic sectors.