NewSpace India Limited

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Current Affairs Analysis 5 min
Current Affairs Analysis 5 min
Current Affairs Analysis 5 min

Newspace India Limited

View December 2025 Crrent Affairs

As on date, M/s. NewSpace India Limited (NSIL) has signed 70 Technology Transfer Agreements to transfer technologies developed at ISRO to Industry.

About NewSpace India Limited

NSIL, incorporated on 6 March 2019 (under the Companies Act, 2013) is a wholly owned Government of India company, under the administrative control of Department of Space (DOS)

It is the commercial arm of Indian Space Research Organisation (ISRO).

Primary Responsibility:

Enabling Indian industries to take up high technology space related activities.

Promotion and commercial exploitation of the products and services emanating from the Indian space programme

The major business areas of NSIL include:

Production of Polar Satellite Launch Vehicle (PSLV) and Small Satellite Launch Vehicle (SSLV) through industry.

Production and marketing of space-based services, including launch services and space-based applications like transponder leasing, remote sensing and mission support services.

Building of Satellites (both Communication and Earth Observation) as per user requirements.

Transfer of technology developed by ISRO centres/units and constituent institutions of the Dept. of Space.

Marketing spinoff technologies and products/services emanating out of ISRO activities.

Consultancy services

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