1. What is NewSpace India Limited (NSIL)?
NewSpace India Limited (NSIL) is a wholly owned Government of India company, established on 6 March 2019 under the Companies Act, 2013. It operates under the administrative control of the Department of Space (DOS). NSIL serves as the commercial arm of the Indian Space Research Organisation (ISRO).
2. What are the primary responsibilities of NSIL?
NSIL's primary responsibilities include enabling Indian industries to undertake high technology space-related activities. It also focuses on the promotion and commercial exploitation of products and services derived from the Indian space program.
3. How does NSIL contribute to the Indian Space Program?
NSIL draws upon the Indian Space Program's proven heritage and ISRO’s vast experience in various space technology branches to fulfill its customers' needs.
4. What are the major business areas of NSIL?
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, transponder leasing, remote sensing, and mission support services.
Building satellites (both Communication and Earth Observation) as per user requirements.
Transfer of technology developed by ISRO centres/units and the Dept. of Space's constituent institutions.
Marketing spin-off technologies and products/services from ISRO activities.
Providing consultancy services.
5. How does NSIL support Indian industries in space technology?
NSIL plays a crucial role in enabling Indian industries to participate in high technology space-related activities, thereby fostering growth and self-reliance in the space sector.
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