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Consider the following statements with reference to New Space India Limited (NSIL)
It is the nodal agency for carrying out Polar Satellite Launch Vehicle (PSLV) production through Indian Industry under consortium route.
It is mandated to establish and maintain national space infrastructure to meet India's telecommunication needs.
It is the commercial arm of the Department of Space.
How many of the statements given above is/are correct?
Only One
Only Two
All Three
None
All statements are correct. New Space India Limited (NSIL)
NSIL seeks for private partners to build its heavy lift rocket LVM3 (Geosynchronous Satellite Launch Vehicle Mk III).
New Space India Limited is a wholly owned commercial arm of the Indian government under the Department of Space, incorporated in 2019.
It is designated as the nodal agency for production of PSLV launch vehicles through an Indian industry consortium.
NSIL is mandated to establish and maintain national space infrastructure to meet India's telecommunication needs.
Its primary responsibility is to enable and promote Indian industries to take up high-technology space-related activities.
NSIL aims to commercially exploit products, services and technologies from India's space program drawing on ISRO's heritage.
Hence option 3rd is correct.
By: Shubham Tiwari ProfileResourcesReport error
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