Question

Consider the following statements regarding NSIL:

1. NSIL deals with domestic licensing and productization of ISRO technologies.

2. NSIL was created as a replacement to Antrix for all space commerce.

3. NSIL helps scale ISRO’s technologies by transferring them to private Indian industries.

   Which of the above are correct?

• A. 1 and 3 only
• B. 2 and 3 only
• C. 1 and 2 only
• D. All of the above

Answer 1

Answer:

A. 1 and 3 only

• Correct Answer: Option A) 1 and 3 only

• NSIL (NewSpace India Limited) is a public sector undertaking under the Department of Space, established in 2019.

• NSIL deals with domestic licensing and productization of ISRO technologies - True

• NSIL was formed to commercially exploit the research and development work of ISRO. It handles technology transfer, licensing of ISRO-developed technologies to Indian industries, and works on productization of space technologies.

• NSIL was created as a replacement to Antrix for all space commerce - False

• NSIL was not created as a complete replacement for Antrix Corporation. Both entities coexist with different mandates. While Antrix continues to handle marketing of ISRO's products and services internationally, NSIL focuses more on technology transfer to Indian industries and enabling production of space systems through industry.

• NSIL helps scale ISRO's technologies by transferring them to private Indian industries - True

• This is a core function of NSIL. It acts as a bridge between ISRO and private industries by transferring technologies, enabling the scaling up of production, and helping commercialize space products.