NewSpace India Limited (NSIL) is a wholly-owned Government of India Central Public Sector Enterprise (CPSE) incorporated under the Companies Act. It was established to commercially exploit the research and development work carried out by Indian Space Research Organisation (ISRO) Centres and constituent units of the Department of Space (DOS).
NSIL aims to enable Indian Industry to scale up its high-technology manufacturing and production base to support the growing demands of the Indian Space Programme. Its business activities include owning satellites, tasking satellite building, providing launch services, building launch vehicles, providing space-based services, and technology transfer through Indian industry.
NSIL is a Schedule 'A' CPSE in the Space sector under the administrative control of the Department of Space. Its registered and corporate offices are in Bengaluru, Karnataka.