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NSIL constituted to further commercialize ISRO's achievements

International   |   Glibs Quick   |   Jun 27, 2019, 17:05 PM

In a major initiative, the New Space India Limited (NSIL) has been incorporated as a wholly owned Government of India Undertaking/Central Public Sector Enterprise (CPSE). It will commercially exploit the research and development work of Indian Space Research Organisation (ISRO) Centres and constituent units of DOS. It will be responsible for 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 and other.

 

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