NewSpace India Limited (NSIL) is a Public Sector Undertaking (PSU) of the Government of India, under the Department of Space.[4] NSIL is responsible for producing, assembling and integrating the launch vehicle with the help of industry consortium. It was established on 6 March 2019 under the administrative control of the Department of Space (DoS) and the Company Act 2013. The main objective of NSIL is to scale up private sector participation in Indian space programmes.[5][6][7]
Objectives
NSIL was setup with the following objectives:[8]