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.
NewSpace India Limited (NSIL), the commercial arm of the Indian Space Research Organisation (ISRO) under the Department of Space (DOS), and Hyderabad-based aerospace firm Dhruva Space Private Limited signed a Memorandum of Understanding (MoU) on March 26, 2026. Under this agreement, the two entities will jointly design, manufacture, test, and supply solar panels for global satellite manufacturers.
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NewSpace India (NSIL) offers products in the connectivity and cloud and media tech industries. NewSpace India (NSIL)'s product portfolio comprises of connectivity and distribution services and enterprise connectivity services.
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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 satellite data connectivity. For full access to NewSpace India (NSIL)'s revenue breakdown subscribe to Caretta Portal.
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