Day-22 Answer Writing Challenge : Model Answer

Question: Write a short note on New Space India Limited (NSIL). 4 Marks

Answer:

NewSpace India Limited (NSIL), incorporated on 6 March 2019 (under the Companies Act, 2013) is a wholly owned Government of India company, under the administrative control of Department of Space (DOS).

• 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 and is also responsible for promotion and commercial exploitation of the products and services emanating from the Indian space programme.
• To satisfy the needs of its customers, NSIL draws upon the proven heritage of the Indian Space Program and ISRO’s vast experience in diverse branches of Space Technology.

The major business areas of NSIL include:

1. Production of Polar Satellite Launch Vehicle (PSLV) and Small Satellite Launch Vehicle (SSLV) through industry;
2. Production and marketing of space-based services, including launch services and space-based applications like transponder leasing, remote sensing and mission support services;
3. Building of Satellites (both Communication and Earth Observation) as per user requirements.
4. Transfer of technology developed by ISRO centres/ units and constituent institutions of Dept. of Space;
5. Marketing spin off technologies and products/ services emanating out of ISRO activities
6. Consultancy services