It is the Department of Space’s second commercial arm (after Antrix) that was announced in Budget 2019.
Its objective is to use research and development carried out by ISRO over the years for commercial purposes through Indian industry partners.
One of the mandates of NSIL aims to mass-produce and manufacture the SSLV and the more powerful PSLV in partnership with the private sector in India through technology transfers.
It 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.
