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File photo for representation purpose only BENGALURU: India’s first and only Space Public Sector Unit (SPSU), New Space India Limited (NSIL), has finally taken wings and will be launching a communication satellite dedicated to augment direct-to-home (DTH) services in the second half of this year using a foreign launch service. To do this, NSIL, which was established under the Department of Space (DoS) as part of India’s reforms to liberalise the space sector, has got Rs 700 crore equity from the government. K Sivan, secretary, DoS, told TOI: “This money will eventually be paid back. As part of the reforms, the role of NSIL now is to also own and sell assets and the first satellite it will acquire is GSAT-24 which will be launched to cater to TataSky’s DTH business. So far, Isro owned all the satellites and its services were sold through Isro’s own entity (Antrix). This (NSIL) will usher in a new era in India’s commercial space activity.”

Atmanirbhar bharatDepartment of space doSpace india limitedSpace public sector unitNewspace india limitedIndia newsIndia news todayToday newsGoogle newsBreaking newsDepartment of spaceCommunication satelliteதுறை ஆஃப் இடம் செய்இடம் இந்தியா வரையறுக்கப்பட்டவைஇடம் பொது துறை அலகுசெய்திமடல் இந்தியா வரையறுக்கப்பட்டவை