NEWSPACE INDIA LIMITED

NewSpace India Limited (NSIL) Company Introduction:

NewSpace India Limited (NSIL) is a Central Public Sector Enterprise (CPSE) under the administrative control of the Department of Space (DOS), Government of India. Established in 2019, its primary mandate is to commercially exploit the research and development work of the Indian Space Research Organisation (ISRO) and the broader Indian space industry. NSIL serves as the commercial arm of ISRO, responsible for marketing and providing space-related products and services on a commercial basis globally.

Its activities include providing end-to-end launch services for satellites, building and launching satellites for various applications through Indian industry, offering mission support services, leasing communication transponders, and facilitating technology transfer from ISRO to Indian industries. NSIL aims to enable Indian industry to play a larger and more self-reliant role in the global space economy by aggregating demands and providing solutions.

Factory or Trader:

NewSpace India Limited is neither a factory nor a traditional trader. It is a commercial entity and a public sector undertaking that acts as an aggregator, facilitator, and service provider within the space sector. While NSIL manages the procurement and provision of space-based hardware and services, including facilitating the manufacturing of satellites and launch vehicles through industry partners, it does not operate its own large-scale manufacturing plants for all components. Instead, it commercializes the capabilities, technologies, and products developed by ISRO and the Indian private sector, offering integrated solutions to domestic and international customers.

NewSpace India Limited (NSIL) produces and offers:

* Launch services

* Satellite manufacturing

* Satellite components

* Satellite-based services