NewSpace India Limited (NSIL)
ISRO's Commercial Arm
NewSpace India Limited (NSIL) was incorporated in March 2019 as a Central Public Sector Enterprise (CPSE) under the Department of Space. It is ISRO's commercial arm, tasked with scaling up space-based activities in the Indian industry and transferring/licensing space technologies to the private sector.
- NSIL is distinct from Antrix Corporation (ISRO's earlier marketing arm, now being wound down following the Devas controversy).
- NSIL's role: technology transfer of ISRO-developed rockets and satellites to private industry; commercial launch services; satellite-based services.
- NSIL has transferred the production of PSLV to an industry consortium (led by L&T and HAL), freeing ISRO to focus on R&D and next-generation missions.
- Under the "demand-driven" model, NSIL owns GSAT communication satellites and procures launch services from ISRO on a commercial basis.
● Tracked since May 07, 2026 · last seen July 19, 2026 · updates as the daily brief publishes
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