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Updated at 23:07 pm 27 Jul 2022

Aimed at boosting space economy, 10 ISRO satellites transferred to government run NSIL

The Government of India has given 10 operational communication satellites to NewSpace India Limited(NSIL), a Government-run business, as part of reforms to the country's space industry. The decision to give NSIL ownership of 10 GSAT series satellites will enable the corporation to rent them out (for transponder capacity, services, etc.) and make money off of them.