"Isro gears up to launch GSLV-D3 powered by indigenous engine"

Excerpted from: The Economic Times, April 3, 2010, p. 8

ISRO is preparing to launch a geosynchronous satellite launch vehicle (GSLV-D3), powered for the first time by a home-made cryogenic engine, from Sriharikota spaceport this month, its chief K Radhakrishnan said on Tuesday.  [...] 
He said the indigenous development of complex cryogenic rocket technology after years of effort is a reply to technology denial regimes. In terms of technology development it has been a “marvellous thing”, he said.
“In 1992, we wanted to get this technology from Russia, and the Americans put a sanction on Russia not to transfer this technology and India took a bold decision to develop it. So, we have done it,” he said.

Update from 17.04.2010

The launch (on 15.04.2010) has failed. See the following report:

The non-ignition of the cryogenic engine on board the Geo-Synchronous Satellite Launch Vehicle (GSLV-D3) led to the failure of the mission on Thursday (April 15), the Indian Space Research Organisation (ISRO) has more or less concluded. “The cryogenic engine has not ignited, that is for sure. Why it has not ignited, the reasons have to be found out,” said S. Satish, ISRO spokesman, on Friday.

Source: "Why didn't the cryogenic engine ignite?", The Hindu, 17.04.2010
(http://beta.thehindu.com/sci-tech/science/article399411.ece)