The Indian Space Research Organisation (ISRO) would move its operational activities to its marketing arm NewSpace India Limited (NSIL) and focus on research and development in the area of advanced space technologies in the coming years.
ISRO will focus more and more on research and development for advanced technologies in this domain.
NewSpace India Limited
• The NewSpace India Limited (NSIL), a central public sector enterprise (CPSE), under the administrative control of the department of space (DOS) was established on March 6, 2019.
• NSIL is the commercial arm of Indian Space Research Organisation (ISRO) with the primary responsibility of enabling Indian industries to take up high technology space related activities.
• It was set up to meet the ever-increasing demands of the Indian space programme and to commercially exploit the emerging global space market.
• In June 2020, the government enhanced the role and scope of NSIL to encompass more responsibilities in the primary business areas and widen the scope in June 2020.
The revised mandate broadly covers:
i) Owning satellites for earth observation and communication applications.
ii) Providing space-based earth observation and communication services.
iii) Building satellites and launching them as per demand.
iv) Building launch vehicles through Indian industry and launch as per requirements.
v) Providing launch services.
iv) Technology transfer to Indian Industry.
Manorama Yearbook app is now available on Google Play Store and iOS App Store