ISRO PSLV C51 The New Space India Limited or NSIL is a Central Government run Public Sector Enterprise stated that it has plans to invest around Rs. 10,000 crore over the next five fiscal years. NSIL has been allocated Rs. 700 crore by the Union Government in this budget 2021-22. NSIL has also been paid an amount of Rs. 10 crore and an authorized capital of Rs. 100 crore. NSIL plans to capitalise this demand for launch of commercial satellites among other services to raise revenue. Four dedicated launches are lined up over the couple of years, with its revenue mostly earned through services, the officials commented. “We have contracts for four more dedicated launches but our NDAs (non-disclosure agreements) prevent us from revealing more details. All are foreign satellites”, added Radhakrishnan Durairaj, executive director of NSIL said on Friday in Bengaluru.