ISRO forms new PSU to commercially exploit technology, launch satellites through SSLVs
New Delhi: The ISRO has formed the NewSpace India Limited (NSIL), a public sector undertaking (PSU) that will commercially exploit the research and development work of the space agency, co-produce PSLV and launch satellites through SSLVs, the government said on Thursday.
The functions of NSIL will involve small satellite technology transfer to industry, manufacture of Small Satellite Launch Vehicle (SSLV) -- a product which is being developed by the ISRO -- in collaboration with the private sector and productionisation of Polar Satellite Launch Vehicle (PSLV) through Indian industry.
The new company will also look after the productionisation and marketing of space-based products and services, including launch and application, developed by ISRO centres and the constituent units of the Department of Space and marketing spin-off technologies and products and services both in India and abroad.
Minister of State in the Prime Minister's Office Jitendra Singh shared this information in a written response to a question in the Rajya Sabha.
"NSIL would enable Indian Industries to scale up high-technology manufacturing and production base for meeting the growing needs of Indian space programme and would further spur the growth of Indian industries in the space sector," he said.
Antrix Ltd is another PSU under the Department of Space that acts as an commercial arm of the ISRO.
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No need for guv: DMK leader Kanimozhi
Chennai (PTI): Senior DMK leader Kanimozhi Karunanidhi on Friday reiterated her party’s opposition to the office of the governor amid uncertainty over government formation in Tamil Nadu after a fractured election mandate.
Speaking to PTI Videos, Kanimozhi emphasised that the DMK’s demand for the abolition of the governor’s post remained unchanged, especially as questions arise over constitutional propriety during the current political transition.
"Our position that we do not need a governor at all is something the DMK has never changed at any point in time," she said.
When asked about the governor’s actions following the election results—particularly the delay in inviting the leading party to form the government—Kanimozhi pointed to what she described as the "inherent friction" between the office of the governor and the political interests of the state.
She said the current situation "raises a lot of questions" and requires introspection regarding constitutional procedures.
Kanimozhi described the election results as lacking a "clear mandate", which she identified as the primary reason for the prevailing political uncertainty in the state.
"What the people decide is supreme," she said, adding that while the mandate was not decisive, it must be respected.
The Thoothukudi MP attributed the ongoing delays and "many confusions" to the absence of a decisive majority for any single party.
She firmly dismissed rumours about the DMK potentially supporting the AIADMK from outside to help stabilise the government.
She described such reports as mere "speculation" and "rumours".
"We can’t be responding to every rumour," she said, declining to comment on the AIADMK’s claims regarding its numbers to form the government.
The political situation in Tamil Nadu remains fluid as stakeholders await the governor’s next constitutional step in an Assembly where no party has secured a clear majority.
The DMK and AIADMK—both of which suffered significant losses to the TVK—are reportedly exploring tactical manoeuvres to navigate the hung Assembly.
The TVK, with 108 seats and the support of Congress’s five MLAs, is still short of the majority mark. The DMK and AIADMK secured 59 and 47 seats, respectively.
