NewSpace India Limited (NSIL) – UPSC Prelims

  • It is ISRO’s new Commercial Arm.
  • Capital: NSIL is provided an authorised share capital worth Rs.100 crore and initial paid up capital of Rs.10 crore.
  • Objective: NSIL’s main objective is to scale up industry participation in Indian space programmes.
  • It is a completely Govt. owned  Undertaking / CPSE.
  • It is under the administrative control of the Department of Space (DOS).
NSIL Roles and Responsibility:
  • Owning satellites for Earth Observation and Communication applications and providing space-based services
  • Building satellites and launching them as per demand
  • Providing Launch Services for satellite belonging to the customer
  • Building launch vehicles through Indian Industry and launch as per satellite customer requirement
  • Space based Services related to Earth Observation and Communication satellites on a commercial basis
  • Satellite building through Indian Industry
  • Technology Transfer to Indian Industry

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