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.
On April 28, 2026, NewSpace India Ltd (NSIL), the commercial arm of the Indian Space Research Organisation, confirmed it raised satellite bandwidth prices by 20%, effective April 1, 2026. This adjustment, the first in a decade, increased standard transponder rents from ₹6.6 crore to ₹7.92 crore annually. NSIL attributed the change to evolving demand, noting reduced reliance on traditional DTH services alongside growing requirements from the aviation and maritime sectors, while asserting its rates remain competitive under a dynamic pricing model. Previously, on April 8, NSIL collaborated with Manav Vikas Sanstha (MVS India) on its Corporate Social Responsibility (CSR) initiative, Project Garima, installing sanitary pad vending machines with incinerators in 65 government schools in Jaisalmer to enhance menstrual hygiene.
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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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