NewSpace India, also known as NSIL, is a wholly-owned Government of India company under the Department of Space, headquartered in India. Established in 2019, the company employs approximately 10 individuals and reported $804,220 in revenue as of 2023. Functioning as the commercial arm of the Indian Space Research Organization (ISRO), NSIL specializes in enterprise connectivity services. Its responsibilities include undertaking commercial launches of satellites, providing space-based services, and promoting space-related industries in India. NSIL is also involved in the development and launch of small satellites, space exploration missions, and other related activities.

Revenue

Founded

2019

Headcount

5

Headquarters

India

Primary Segment

Enterprise connectivity services

Ownership

Privately Owned

News Summary:

On April 8, 2026, NewSpace India Limited (NSIL), in collaboration with Manav Vikas Sanstha (MVS India), installed sanitary pad vending machines with incinerators in 65 government schools in Jaisalmer. This initiative, part of its Corporate Social Responsibility (CSR) program Project Garima, aims to improve menstrual hygiene and create a healthier school environment. This follows NSIL's issuance of a purchase order to Avantel Limited, announced on April 6, 2026. The contract, valued at £1.12 million (₹11.59 crore), is for the supply, installation, and commissioning of MSS Terminals in the high-tech communication sector, with execution slated by October 2026. Earlier, on April 2, 2026, NSIL signed a memorandum of understanding (MoU) with Hyderabad-based aerospace firm Dhruva Space Private Limited, establishing a joint effort for the design, manufacture, testing, and supply of solar panels to global satellite manufacturers.

Similar Companies

Subscribe for full access to NewSpace India (NSIL)'s profile
NewSpace India (NSIL) offers products in the media tech and connectivity and cloud industries. NewSpace India (NSIL)'s product portfolio comprises of connectivity and distribution services and enterprise connectivity services.
Subscribe for full access to NewSpace India (NSIL)'s products in full detail
NewSpace India (NSIL)'s revenues were less than $1M in 2023. Caretta Research has split NewSpace India (NSIL)'s revenue into 2 different product categories, the largest of which is media and broadcast satellite connectivity. For full access to NewSpace India (NSIL)'s revenue breakdown subscribe to Caretta Portal.
Subscribe for full access to NewSpace India (NSIL)'s revenue in full detail

Example Partners

Subscribe for full access to NewSpace India (NSIL)'s profile