BENGALURU—India’s state space agency has set up a commercial arm, the New Space India Limited, or NSIL—to exploit new research and technology and launch satellites. The Indian government has incorporated NSIL as a central public sector enterprise to commercially leverage the research and development (R&D_ work of the Indian Space Research Organization (ISRO) as well as constituent units of the Department of Space, according to Jitendra Singh, India’s minister of ...

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