The Central had set up New Space India Limited (NSIL) in March 2019. It is a Central Public Sector Enterprise (CPSE), under the administrative control of Department of Space (DOS). The NSIL has been set up to meet the increasing demands of Indian space programmes and to commercially exploit the emerging global space market. The… Continue reading New Space India Limited
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Budget Briefs:India to move towards harnessing its space capability commercially,New Space India Limited (NSIL) incorporated towards this end
Finance minister has said that New Space India Limited (NSIL) has been incorporated as a new commercial arm of the Department of Space. The Company will spearhead commercialization of various space products including production of launch vehicles, transfer of technologies and marketing of space products. The new company will be licensed by the DoS/Isro, which… Continue reading Budget Briefs:India to move towards harnessing its space capability commercially,New Space India Limited (NSIL) incorporated towards this end
