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"I have had a long innings. It's time to move on," Sharma said in Bangalore on Thursday.
Indicating that he would be taking up a job elsewhere, the chief test pilot of HAL said, "I have got quite a few offers. In two months time, I should be in a different place."
Launched with two other Soviet cosmonauts aboard the Soyuz T-11 in April 1984, Sharma, who was then a Squadron Leader with the Indian Air Force, had spent eight days in space.
Sharma, a deputy general manager with HAL, said he had put in his papers ten days ago and expected relieving orders in about two weeks time.
"It's been excellent, professionally satisfying," the 52-year-old, who was the 138th man in space, said of his job with HAL.
Asked for the reason for his resignation, he said, "No reasons. It's time to move on."
On speculation among a section of HAL employees that he had quit because he was denied promotion, Sharma said, "You ask them (HAL management)."
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