NewSpace India Limited Invites Application for Chairman cum Managing Director Recruitment 2022

NewSpace India Limited Bangalore Last Date: 24th January, 2022
Official Update | Verified Information

Vacancy Circular No:

NewSpace India Limited (NSIL)
invites applications for recruitment of Chairman cum Managing Director

Chairman cum Managing Director

Job Location:

New BEL Road, Bangalore, 560094 Karnataka
Last Date: 24 January 2022
Employment Type: Full Time

Number of Vacancy: 1 Posts

NSIL Jobs For Freshers
NSIL Jobs For Freshers Recruitment 2022 Details
Job Role Chairman cum Managing Director
Education Requirement B.Sc,PG Diploma
Total Vacancy 1 Post
Job Locations Bangalore
Age Limit The minimum age to apply for the post as on the last date of receipt of the applications is 45 Years.
Experience 10 - 15 years
Salary 200000 - 370000(Per Month)
Posted on 05 Jan, 2022
Last Date To Apply 24 Jan, 2022

Educational Qualification: B.Sc, B.Tech/B.E, MBA/PGDM, PG Diploma

Experience: Please refer to official document

Skills / Eligibility

Subject: Appointment to the post of Chairman-cum-Managing Director (CMD), M/s. NewSpace India Limited on Deputation / Contract basis - reg.

1. Post Name: Chairman cum Managing Director

2. Name of the CPSE : NewSpace India Limited

3. Schedule of the CPSE : Schedule ‘A’

4. Scale of the post : Rs.200000-370000 (IDA)

5. Job Description And Responsibilities:

i. The Chairman and Managing Director (CMD) is the Chief Executive of the Company and is responsible to the Board of Directors. CMD is responsible for all the activities and operations of the company including HR, Financial and Commercial Management, Corporate Planning and Project Implementation.

ii. He / She is responsible for the effectiveness of the organization in pursuit of the Company’s goal and objectives and in particular for the performance and supervision of the technical, administrative and day to day working of the Company and its long term growth.

6. Qualification And Experience: 

i. The applicant should be a Graduate with good academic record from a recognized University / Institute. Applicants with Graduation in Engineering / Science or / and MBA / Two year Full – time Post Graduate Diploma in Business Administration / Business Management will be preferred.

ii. The applicant should possess adequate technical / operational / project management experience at a senior level in an organization of repute. The applicant should have high standards of integrity and an impeccable reputation.

7. Eligible Scale of Pay:

Rs.20500 – 26500 (IDA) Post 01/01/1997

Rs.51300 – 73000 (IDA) Post 01/01/2007

Rs. 120000 – 280000 (IDA) Post 01.01.2017

Rs. 37400 – 67000 + GP 10000 (CDA) [as per 6th CPC]

Rs. 144200 – 218200 (Level 14 ) (CDA) [ as per 7th CPC]

8. Duration And Mode Of Appointment:

The appointment shall be on deputation / contract basis for a period of five years. The post has been exempted from the ‘Rule of Immediate Absorption” in the case of deputationists.

9. Advertisement No.DS_5-24011/1/2020-SECTION_5-DOS dated 25.12.2021

Pay Scale:
INR
200000 - 370000(Per Month)

Age Limit: The minimum age to apply for the post as on the last date of receipt of the applications is 45 Years.

Selection Procedure

The Search-cum-Selection Committee (SCSC) reserves the right to shortlist applicants for interview.

How to Apply:

1. Private Sector applicants should submit duly filled applications directly in the prescribed format. Other applicants should submit duly filled in applications in the prescribed format through proper channel / Cadre Controlling authority.

2. Completed application may reach the following address latest by 15.00 hours on 24.01.2022.

3. Applications are to be addressed to: Deputy Secretary (P & PS) Department of Space Antariksh Bhavan, New BEL Road Bengaluru – 560 094 Karnataka

4. email [email protected]

5. All Correspondences In This Regard Should Be Addressed To Deputy Secretary (P&PS), Department Of Space Only


Important Dates:

Published on: 06 January 2022

Last date for application is: 24 January 2022

For more details, please refer to official notification at

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About NewSpace India Limited

NewSpace India Limited Logo

NewSpace India Limited (NSIL) is a central public sector enterprise under the administrative control of the Department of Space (DOS), Government of India. Established in 2019, it was created as the commercial arm of the Indian Space Research Organisation (ISRO). Unlike its predecessor, Antrix Corporation, which primarily markets ISRO's technologies and services abroad, NSIL has a distinct, demand-driven mandate focused on enabling Indian industry. Its core mission is to transform the Indian space sector by sourcing and building satellites, launch vehicles, and providing launch services through Indian industry partners, effectively moving from a "supply-based" to a "demand-based" model.

NSIL plays a pivotal role in operationalizing the Indian National Space Promotion and Authorisation Centre (IN-SPACe) policy, which aims to boost private sector participation in space activities. The company is responsible for owning and operationalizing space assets, including the Polar Satellite Launch Vehicle (PSLV) and the Small Satellite Launch Vehicle (SSLV), and making them available to both commercial and government customers. By acting as an aggregator of user requirements and a bridge between ISRO and the private industry, NSIL is instrumental in scaling up the space economy in India, fostering self-reliance, and ensuring that the country's space capabilities are leveraged for widespread commercial and national development.


Official Address
NewSpace India Limited (NSIL) NSIL Bhavan, 1st Floor, Opposite Indian Oil Nagar, Arekere, BG Road,
Bangalore, Karnataka - 560094
Contact Information