Consider the following statements regarding New Space India Limited NSIL 1 It is a wholly owned Gove...........

General Science(RAS) Science & Technology

Consider the following statements regarding New Space India Limited (NSIL):

1. It is a wholly owned Government of India company.

2. It the nodal agency for carrying out PSLV production through Indian Industry.

3. It will handle ISRO’s commercial deals for satellites and launch vehicles with foreign customers.

Which of the above statements are correct?

1 and 2 only

1 and 3 only

2 and 3 only

1, 2 and 3

1 and 2 only.

NSIL is the commercial arm of Indian Space Research Organisation (ISRO) with the primary responsibility of enabling Indian industries to take up high technology space related activities and is also responsible for promotion and commercial exploitation of the products and services emanating from the Indian space programme.
Antrix will handle ISRO's commercial deals for satellites and launch vehicles with foreign customers.