New Space India Ltd., moving into DTH, broadband, reports $41.2M in 2020 revenue, expects 30% increase in 2021

by Peter B. de Selding

PARIS — India’s government-owned New Space India Ltd. (NSIL), designed to sharpen India’s commercial edge in space and privatizing some former government-managed activities, plans to take ownership of one DTH broadcast satellite and one HTS broadband satellite, both now being built by the Indian Space Research Organization (ISRO).

Purchasing the two satellites, commingling their launch and then selling their capacity is part of “a major paradigm shift” that NSIL plans as it enters its third year of operations.

“This is going to . . .

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