NewSpace India Limited (NSIL)

NewSpace India Limited (NSIL), established on March 6, 2019, under India’s Department of Space, serves as the commercial arm of the Indian Space Research Organisation (ISRO). Its primary role is to enhance private sector involvement in India’s space programs. NSIL is currently preparing for the GSAT-20 mission, scheduled for the second quarter of 2024, in collaboration with SpaceX using the Falcon-9 rocket. The company’s functions encompass producing and assembling launch vehicles, offering satellite services across various spectrums, and contributing to building satellites for diverse applications. NSIL is central to scaling up India’s technological capabilities in the space sector, emphasizing industry participation and global service provision.