🚀 Government of India Recruitment 2026 – Appointment of Chairman‑cum‑Managing Director (CMD), NewSpace India Limited
The Department of Space, Government of India has released Advertisement No. DS_IX‑14011/1/2024 dated 21 August 2026 inviting applications for the post of Chairman‑cum‑Managing Director (CMD) of NewSpace India Limited (NSIL) on deputation/contract basis.
The company profile highlights NSIL’s role in India’s space programme
NSIL is a wholly owned Government of India Central Public Sector Enterprise (CPSE) incorporated under the Companies Act to commercially exploit the research and development work carried out by ISRO Centres and constituent units of the Department of Space. As part of its business activities, NSIL is involved in satellite ownership, satellite building, launch services, launch vehicle manufacturing, space‑based services, and technology transfer. NSIL is a Schedule ‘A’ CPSE under the administrative control of the Department of Space.
The pay scale and allowances for the CMD position are attractive
The CMD post carries a pay scale of ₹200,000–370,000 (IDA) plus Industrial Dearness Allowance, House Rent Allowance, superannuation benefits, and other admissible allowances.
The job description emphasizes leadership and accountability
The CMD is the Chief Executive of the company and is responsible to the Board of Directors. Responsibilities include overall management of HR, finance, commercial operations, corporate planning, project implementation, and supervision of technical and administrative functions. The CMD ensures organizational effectiveness in achieving company goals and long‑term growth.
The eligibility criteria specify age, employment status, and qualifications
- Age: Minimum 45 years as on the last date of application.
- Employment Status: Applicants must be employed in a regular capacity in CPSEs, Central Government (including Armed Forces/All India Services), State PSUs with turnover ≥ ₹1000 crore, or private companies with turnover ≥ ₹1000 crore. Preference will be given to candidates from listed companies.
- Educational Qualification: Graduate with good academic record. Preference for Engineering/Science graduates and/or MBA/PG Diploma in Business Administration/Management.
- Experience: Adequate senior‑level technical, operational, or project management experience in a reputed organization. High integrity and impeccable reputation are essential.
🗓️ Important Dates – NSIL CMD Recruitment 2026
| Event | Date |
|---|---|
| Advertisement Date | August 21, 2026 |
| Last Date for Submission of Applications | September 21, 2026 (up to 3:00 PM) |
| Location | Bengaluru, Karnataka |
| Post | Chairman‑cum‑Managing Director (CMD) |
Organization: NewSpace India Limited (NSIL), Department of Space, Government of India.
The pay scale eligibility varies by sector
- Applicants from CPSEs must be working in specified or higher IDA/CDA pay scales.
- Applicants from Central Government/All India Services must hold at least Joint Secretary level or equivalent.
- Applicants from Armed Forces must hold at least Major General rank or equivalent.
- Applicants from State PSUs or private sector must be working at a level immediately below the Board level.
The duration and mode of appointment have been defined
The appointment will be on deputation/contract basis for a period of five years. The post is exempted from the “Rule of Immediate Absorption” for deputationists.
The application submission process has been outlined
Private sector applicants must submit applications directly in the prescribed format. Other applicants must apply through proper channel/cadre controlling authority. Completed applications must reach the Department of Space by 15:00 hrs on 21 September 2026.
The official address for submission of applications is provided
Applications should be addressed to:
Director (PSEs), Department of Space, Antariksh Bhavan, New BEL Road, Bengaluru – 560094, Karnataka
Phone: 080‑2217 2202 | Email: pse-dos@isro.gov.in
The conclusion of the notification highlights merit‑based selection
The Search‑cum‑Selection Committee (SCSC) reserves the right to shortlist applicants and may also identify outstanding candidates who have not applied. Eligibility criteria may be relaxed for exceptional candidates. 🚀
