Good news for India as ISRO earns a massive Rs 12434843850 from…, it’s now…
In a tremendous achievement for the Indian space sector, NewSpace India Limited (NSIL), the commercial arm of the Indian Space Research Organisation (ISRO), has reported a significant amount of profits from the international and Indian customer satellites. In the latest space development, Dr Jitendra Singh, Union Minister of State for Science and Technology and Department of Space informed the Parliament about the profits earned by NSIL. It was reported that NSIL has reported Rs 3,026.09 crore in revenue in FY25 to date. Here are all the details you need to know about the recent ISRO achievement.
The NewSpace India Limited (NSIL), which has launched 135 international customer satellites and three Indian satellites on commercial basis (as of now), made an impressive 43 per cent growth from Rs 2,116.12 crore in FY24 as per a report carried by news agency IANS. As per the Minister, NSIL made Rs 1,242.12 crore in profit before tax (PBT) till date in the FY 25.
It should be noted that NSIL enables Indian industries to take up high-technology space-related activities, leading to more and more growth. In the recent development, the ISRO arm has signed a contract with HAL for end-to-end manufacturing of 5 Polar Satellite Launch Vehicles (PSLV). Adding to the achievements, the first fully Indian industry-manufactured PSLV would also be be launching during the second half of this year, the report said.
Expansion plans of ISRO’s NSIL
The minister added in the note to the Parliament that NSIL is planning to expand its commercial space business through public-private partnerships (PPPs) model as well. To make the plans successful, the NSIL is planning to use ISRO’s heavy lift launcher LVM3, due to its large commercial potential in the global launch service market under a PPP partnership approach.
The space economy is expected to increase fivefold from $8 billion to $44 billion in the next few years, whose growth will make a value addition to the Indian economy and move towards Viksit Bharat in 2047, the Minister added.
Space budget under PM Modi
Moreover, it has also been reported that the space budget has almost tripled — from Rs 5,615 crore in 2013-14 to Rs 13,416 crore in 2025-2026, reflecting the government’s commitment to fostering growth in the space sector under the leadership of Prime Minister Narendra Modi.
Readers should also note that the Indian space industry has been opened up for private sector participation and for bringing in foreign direct investment (FDI).
(With inputs from agencies)
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