WITH SPACE REFORMS, PRIVATE SECTOR TO GET LEVEL PLAYING FIELD

WITH SPACE REFORMS, PRIVATE SECTOR TO GET LEVEL PLAYING FIELD

Union Cabinet approved the creation of the Indian National Space Promotion and Authorization Centre (IN-SPACe) to provide a level playing field for private companies to use Indian space infrastructure

Giving a boost to private sector participation in the entire range of space activities

‘New Space India Limited (NSIL)’ would endeavour to reorient space activities from a “supply driven” model to a “demand driven” one, thereby ensuring optimum utilisation of the nation’s space assets

New Space India Limited (NSIL) is a Central Public Sector Enterprise of Government of India.

Established on 6 March 2019 under the administrative control of Department of Space (DOS), India

Objectives- Transfer of Small Satellite technology to industry: NSIL will obtain license from DOS/ISRO and sub-license the same to Industry, Manufacture of Small Satellite Launch Vehicle (SSLV) in collaboration with Private Sector, Production of Polar Satellite Launch Vehicle (PSLV) through Indian Industry, Production and marketing of Space based products and services, including launch and application, Transfer of technology developed by ISRO Centres and constituent units of DOS, Marketing of spin-off technologies and products/services, both in India and abroad.