NewSpace India Limited (NSIL)

NSIL is the commercial arm of ISRO and India's space-launch-and-satellite services PSU, incorporated in 2019 to assume responsibility for production, assembly and integration of launch vehicles (PSLV,

spaceindia-oemOperationalTier A
Country: IN

Last verified:

At a Glance

Headquarters
Bengaluru, Karnataka, India (ISRO HQ campus, Department of Space)
Type
Company (listed)
Founded
6 March 2019 (incorporated as Department of Space CPSE under Companies Act)
India entity
null
Listed
Not listed — wholly owned Government of India CPSE under Department of Space
Key India role
NSIL is the commercial arm of ISRO and India's space-launch-and-satellite services PSU, incorporated in 2019 to assume responsibility for production, assembly and integration of launch vehicles (PSLV,
indicators
[]
key specs
[]

What It Is

NSIL is the commercial arm of ISRO and India's space-launch-and-satellite services PSU, incorporated in 2019 to assume responsibility for production, assembly and integration of launch vehicles (PSLV, SSLV, LVM3) through industry consortium, and to operate ISRO's demand-driven communication satellites (GSAT-24 leased to Tata Play, GSAT-N2 launched by SpaceX Nov 2024). NSIL executed the first dedicated commercial launch of LVM3 (OneWeb India-1, Oct 23, 2022, 36 satellites) and the LVM3-M3 / OneWeb India-2 mission (Mar 26, 2023, 36 satellites) — completing the 72-satellite OneWeb contract worth ₹1,000+ Cr. NSIL reported ₹3,026.09 Cr revenue (FY). Till date NSIL has launched 124 international and 3 Indian customer satellites onboard PSLV, LVM3 and SSLV. NSIL awarded a $104M contract to an industry consortium for PSLV production.

Sources: [1][2][3][4][5]

Deployments & Procurement

4 documented India deployment(s)/procurement(s).

AgencyContextYearQuantity / NoteSources
OneWeb (commercial customer)LVM3-M2 / OneWeb India-1: 36 satellites launched Oct 23, 2022 — first dedicated commercial LVM3 launch via NSIL. LVM3-M3 / OneWeb India-2: 36 more satellites launched Mar 26, 2023. Total 72 satellites for ₹1,000+ Cr contract2022-202372 satellites[1][2][3]
Tata Play (commercial customer)GSAT-24 / GSAT-N1 — full satellite capacity leased to Tata Play (launched Ariane-5, Jun 2022)20221 satellite[1][2][3]
NSIL (own operations)GSAT-N2 / GSAT-20 Ka-band broadband satellite — launched by SpaceX Falcon 9Nov 18, 20241 satellite (4,700 kg, 48 Gbps)[1][2][3]
AST SpaceMobile / BlueBird Block-2 (commercial customer)Sixth operational LVM3 flight launched BlueBird Block-2 communication satellite (Dec 29, 2025) — NSIL's 3rd dedicated commercial LVM3 launchDec 29, 20251 satellite[1][2][3]

Import Dependencies

Not analysed in this dossier.

Intelligence Assessment

Methodology: /research/methodology/

India footprint
Documented/5

11 sources with India-specific evidence.

Sources: [1][2][3][4]

Indigenous content
Not disclosed/5

Indigenous percentage not publicly verified.

Sources: [1][2][3]

Operational status
Operational/5

Based on latest public sources as of 2026-08-30.

Sources: [1][2][3]

Source quality
High/5

6 official, 3 credible sources.

Sources: [1][2][3]

FAQ

When was NSIL incorporated and which ministry does it report to?

NSIL is the commercial arm of ISRO and India's space-launch-and-satellite services PSU, incorporated in 2019 to assume responsibility for production, assembly and integration of launch vehicles (PSLV, SSLV, LVM3) through industry consortium, and to operate ISRO's demand-driven communication satellites (GSAT-24 leased to Tata Play, GSAT-N2 launched by SpaceX Nov 2024).

Sources: [1][2][3]

What was the value of NSIL's OneWeb launch contract?

NSIL executed the first dedicated commercial launch of LVM3 (OneWeb India-1, Oct 23, 2022, 36 satellites) and the LVM3-M3 / OneWeb India-2 mission (Mar 26, 2023, 36 satellites) — completing the 72-satellite OneWeb contract worth ₹1,000+ Cr.

Sources: [1][2][3]

How many satellites has NSIL launched for international customers?

Till date NSIL has launched 124 international and 3 Indian customer satellites onboard PSLV, LVM3 and SSLV.

Sources: [1][2][3]

Which company leased the entire capacity of GSAT-24?

NSIL is the commercial arm of ISRO and India's space-launch-and-satellite services PSU, incorporated in 2019 to assume responsibility for production, assembly and integration of launch vehicles (PSLV, SSLV, LVM3) through industry consortium, and to operate ISRO's demand-driven communication satellites (GSAT-24 leased to Tata Play, GSAT-N2 launched by SpaceX Nov 2024).

Sources: [1][2][3]

Which launch vehicle did NSIL use for its first dedicated commercial launch (OneWeb India-1)?

NSIL executed the first dedicated commercial launch of LVM3 (OneWeb India-1, Oct 23, 2022, 36 satellites) and the LVM3-M3 / OneWeb India-2 mission (Mar 26, 2023, 36 satellites) — completing the 72-satellite OneWeb contract worth ₹1,000+ Cr.

Sources: [1][2][3]

Who launched the GSAT-N2 satellite for NSIL in November 2024?

NSIL is the commercial arm of ISRO and India's space-launch-and-satellite services PSU, incorporated in 2019 to assume responsibility for production, assembly and integration of launch vehicles (PSLV, SSLV, LVM3) through industry consortium, and to operate ISRO's demand-driven communication satellites (GSAT-24 leased to Tata Play, GSAT-N2 launched by SpaceX Nov 2024).

Sources: [1][2][3]

Sources

  1. src-01Indicative
    https://www.nsilindia.co.in
    NSIL Official·accessed 2026-08-30

    Domain root only; demoted to indicative per Atlas source-quality rule.

  2. src-02Official
    https://www.nsilindia.co.in/launch-services
    NSIL·accessed 2026-08-30
  3. src-03Official
    https://www.nsilindia.co.in/launch-service-requisition
    NSIL·accessed 2026-08-30
  4. src-04Official
    https://www.nsilindia.co.in/news-details/751
    NSIL·Dec 29, 2025·accessed 2026-08-30
  5. src-05Official
    https://www.isro.gov.in/NSIL.html
    ISRO·accessed 2026-08-30
  6. src-06Official
    https://www.isro.gov.in/lvm3.html
    ISRO·Oct 4, 2022·accessed 2026-08-30
  7. src-07Credible
    https://en.wikipedia.org/wiki/NewSpace_India_Limited
    Wikipedia·accessed 2026-08-30
  8. src-08Credible
    https://spacenews.com/lvm3-m3-oneweb-india-2-launch-successful
    SpaceNews·Mar 26, 2023·accessed 2026-08-30
  9. src-09Official
    https://www.isro.gov.in/GSAT-N2_mission.html?timeline=timeline
    ISRO·accessed 2026-08-30
  10. src-10Indicative
    https://www.spaceexploration.in/companies/nsil
    Space Exploration·Aug 19, 2026·accessed 2026-08-30
  11. src-11Credible
    https://payloadspace.com/oneweb-launch-shows-isros-budding-commercial-opportunities
    Payload Space·Mar 28, 2023·accessed 2026-08-30

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