Space Commerce

The Union Government set up New Space India Limited (NSIL), a wholly owned Government of India undertaking under the administrative control of Department of Space (DOS) on 6th March, 2019 to commercially exploit the research and development work of Indian Space Research Organisation (ISRO) Centres and constituent units of DOS.

NSIL has the following roles and functions:

• Small satellite technology transfer to industry.
• Manufacture of Small Satellite Launch Vehicle (SSLV) in collaboration with private sector.
• Productionisation of Polar Satellite Launch Vehicle (PSLV) through Indian industry.
• Productionisation and marketing of space based products and services, including launch and application.
• Transfer of technology developed by ISRO ....