NSIL News
NSIL also has plans to realise SSLV (Small Satellite Launch Vehicle), being developed by ISRO.
SSLV is a three-stage all solid vehicle and has a capability to launch up to 500 kg satellite.
India's Foreign Direct Investment policy in the space sector is also getting revised.
This will not only result in the accelerated growth of the sector but will enable the Indian Industry to be an important player in the global space economy.
While NSIL will be a public sector enterprise, it will aid ISRO to tackle the benefits of its research and development, the FM said in her budget speech.
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