• Government has created Indian National Space, Promotion & Authorization Centre (IN-SPACe), under Department of Space to encourage, promote and hand hold the private sector for their participation in Space Sector. 
  • Private players will also be able to use ISRO infrastructure through IN-SPACe.
  • The role of New Space India Limited (NSIL) in the post reformed space sector would be to build launch vehicles, providing launch services, build satellites, providing space-based services, technology transfers, etc.

IN-SPACe Vs NSIL Vs Antrix

NewSpace India Limited (NSIL)

  • ISRO has formed the NewSpace India Limited (NSIL), a public sector undertaking (PSU) under the administrative control of the Department of Space that will 
  • commercially exploit the research and development work of the space agency, 
  • co-produce PSLV and launch satellites through Small Satellite Launch Vehicles (SSLVs).
  • The functions of NSIL will involve:
  • small satellite technology transfer to industry, 
  • manufacturing of Small Satellite Launch Vehicle (SSLV) — a product which is being developed by the ISRO — in collaboration with the private sector and 
  • production of Polar Satellite Launch Vehicle (PSLV). 
  • The new company will also look after the production and marketing of space-based products and services, including launch and application, developed by ISRO centres and the constituent units of the Department of Space and marketing spin-off technologies and products and services both in India and abroad.
  • NSIL would enable Indian Industries to scale up high-technology manufacturing and production base for meeting the growing needs of the Indian space program and would further spur the growth of Indian industries in the space sector.
  • Note: Antrix Ltd is another PSU under the Department of Space that acts as a commercial arm of ISRO and markets the products and services of the Indian Space Research Organisation (ISRO).
  • NSIL differs from ISRO’s existing commercial arm Antrix Corporation:
  • Antrix will handle ISRO’s commercial deals for satellites and launch vehicles with foreign customers.
  • NSIL will deal with capacity building of local industry for space manufacturing.