NewSpace India officially inaugurated

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  • NewSpace India Limited (NSIL), the commercial arm of Indian Space Research Organisation (ISRO), was officially inaugurated in Bengaluru on 23 May 2019.
  • NSIL’s main objective is to scale up industry participation in Indian space programmes.
  • NSIL will act as an aggregator for all space-related activities in industry and develop private entrepreneurship in space-related technologies.
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