ISRO’s Commercial Arm Generates ₹3000 Crore Revenue

ISRO’s commercial arm, NewSpace India Limited (NSIL), is projected to generate a significant revenue of ₹3,000 crore for the fiscal year 2023-24. This marks a substantial increase from previous years, where NSIL reported revenues of ₹500 crore in FY21 and ₹800 crore in FY22. The growth is attributed to a series of reforms initiated in 2018 aimed at enhancing private sector participation in
ISRO’s commercial arm, NewSpace India Limited (NSIL), is projected to generate a significant revenue of ₹3,000 crore for the fiscal year 2023-24. This marks a substantial increase from previous years, where NSIL reported revenues of ₹500 crore in FY21 and ₹800 crore in FY22. The growth is attributed to a series of reforms initiated in 2018 aimed at enhancing private sector participation in
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