# NewSpace India Limited (NSIL)

Type: Company

Source: Space & Defense Intelligence Brief — https://getspacebrief.com/entity/newspace-india-limited-nsil
Canonical HTML page: https://getspacebrief.com/entity/newspace-india-limited-nsil

## Timeline

- **2036**: Projected $45 billion space economy — End of the forecast decade, assuming sustained growth and policy alignment.
- **2030**: Target 8% global space economy share — India aims to more than double its current 2–3% share of the global space market.
- **2026-08-23**: National Space Day data release — Government reports the space economy at $9 billion with a $40–45 billion decade projection and about 440 registered startups.
- **2026-06-21**: Official fact-sheet projects $40–45 billion economy — Government releases projection of five-fold growth in the space economy over the next decade.
- **2026-06**: 113 authorisations to 52 NGEs — By mid-2026, IN-SPACe grants 113 authorisations to 52 Non-Government Entities, 18 of them startups.
- **2026-03-31**: Private investment hits $618.5M — Cumulative private investment in the space sector reaches $618.5 million, up from $100.5 million in FY 2021–22.
- **2026-02**: 400+ space startups registered — Milestone showing explosive growth from just 1 startup in 2014 to over 400.
- **2026-01-31**: 71 ISRO technology transfers — IN-SPACe facilitates 71 ISRO technology transfers to industry and startups.
- **2025-12**: $150 million invested in space startups in 2025 — Annual investment peak, contributing to a cumulative total of over $500 million.
- **2024-02**: FDI rules liberalised for space — Up to 74% automatic FDI permitted for satellite manufacturing and operations, 49% for launch vehicles.
- **2023**: Indian Space Policy 2023 — Formalises private participation across the value chain and defines roles for NSIL and IN-SPACe.
- **2022-03**: NSIL FY22 revenue at Rs 321.77 crore — Baseline year for NSIL's commercial performance before its rapid growth phase.
- **2020**: Space sector opened to private participation — India ends ISRO's effective monopoly, enabling private industry and startups across satellites, launch systems and space applications.
- **2014**: Only 1 space startup — India had just one registered space startup, reflecting minimal private sector presence.
- **2014**: Baseline: one registered space startup — India had a single registered space startup before the sector opened to private participation.

## Recent coverage (2 stories)

### India's space economy hits $9B, targets $40–45B via 440 startups
2026-08-23 14:46:39 · Sentiment: Positive · Impact: 6/10 · Sources: 2

India's space economy reached $9 billion and is projected to hit $40–45 billion over the next decade as private players scale launch and satellite operations. With 113 authorisations to 52 non-government entities and 71 ISRO technology transfers, the country is building an industrial base with clear dual-use strategic value.
Full story: https://getspacebrief.com/story/india-space-economy-9b-targets-40-45b

### India targets 8% global space share as economy projected to hit $45B
2026-06-22 01:19:14 · Sentiment: Strongly positive · Impact: 7/10 · Sources: 2

India's official fact-sheet outlines a trajectory to become a $40–45 billion space power by 2036, driven by private participation, NSIL's commercial engine, and an 8% global market share target by 2030. The shift signals a new geopolitical calculus in the global space race.
Full story: https://getspacebrief.com/story/india-space-economy-45b-projection-2026

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