As on date, NewSpace India Limited (NSIL) has signed 70 Technology Transfer Agreements (TTAs) to facilitate the transfer of technologies developed by the Indian Space Research Organisation (ISRO) to Indian industries. This reflects NSIL’s growing role in strengthening industry participation in India’s space sector.
About NewSpace India Limited
NewSpace India Limited was incorporated on 6 March 2019 under the Companies Act, 2013. It is a wholly owned Government of India company operating under the administrative control of the Department of Space (DoS). NSIL functions as the commercial arm of ISRO, responsible for commercialising space technologies and services.
Primary Responsibilities
The primary responsibility of NSIL is to enable Indian industries to undertake high-technology space-related activities. It also focuses on the promotion and commercial exploitation of products and services emerging from the Indian space programme.
Major Business Areas
Launch Vehicle Production
NSIL facilitates the production of Polar Satellite Launch Vehicle (PSLV) and Small Satellite Launch Vehicle (SSLV) through Indian industry participation.
Space-based Services
The company is engaged in the production and marketing of space-based services, including launch services, transponder leasing, remote sensing services, and mission support services.
Satellite Building
NSIL undertakes the building of communication and earth observation satellites as per specific user requirements.
Technology Transfer
A key function of NSIL is the transfer of technologies developed by ISRO centres, units, and constituent institutions of the Department of Space to industry.
Commercialisation of Spinoff Technologies
NSIL markets spinoff technologies, products, and services arising from ISRO’s research and development activities.
Consultancy Services
In addition, NSIL provides consultancy services related to space systems, applications, and mission planning.
Overall Significance
NSIL plays a vital role in advancing commercialisation, indigenisation, and private sector participation in India’s space ecosystem, thereby supporting the country’s emergence as a global space services hub.
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We provide offline, online and recorded lectures in the same amount.
Every aspirant is unique and the mentoring is customised according to the strengths and weaknesses of the aspirant.
In every Lecture. Director Sir will provide conceptual understanding with around 800 Mindmaps.
We provide you the best and Comprehensive content which comes directly or indirectly in UPSC Exam.
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