› Forums › General › Discussions (General) › Preparing to scale India’s private space : ANTRIX CORPORATION LIMITED & PwC
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February 26, 2020 at 6:21 pm #40469
#Discussion(General) [ via IoTGroup ]
ISRO reports that 80% of the Polar Satellite Launch Vehicle (PSLV) production is outsourced to private industries, while in the case of major satellite missions such as the Mars Orbiter Mission (MoM), over 120 companies have contributed to manufacturing.
New Space India Limited (NSIL)
The New Space India Limited (NSIL) was set up by the Department of Space in March 2019 to handle the commercial activities of ISRO.
It aims to supply the products and services developed through the Indian space programme to customers across the globe, and to boost the growth of the Indian industry by taking up more technologically advanced space-related work. It plans to empower the industry in India through mechanisms like ToT and to serve the Indian and global market in the areas of Small Satellite Launch Vehicles (SSLVs), satellites for multiple applications, and leveraging space technology by-products for the betterment of mankind.
Major areas of work:
Obtain licence from DoS/ISRO for SSLV technology and transfer it to the industry through sub-licencing Provide launch services for customer satellites Manufacture SSLVs in collaboration with the private sector Production of Polar Satellite Launch Vehicle (PSLV) through industry Production and marketing of space-based services T-o-T to the industry through sub-licensing Market by-product technologies and products or services.
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