IN-SPACe is an independent nodal agency under the Department of Space to prioritize the launch manifest along with allowing the use of DOS-owned facilities by space activities and NGPEs (Non-Government Private Entities).

Its function is to: encourage, promote and handhold the private sector for their participation in the space sector;
1. To prepare an integrated manifest considering the requirements of ISRO, New Space India Limited (NSIL) and private companies based on priorities and readiness level:-
- Currently, there are more than 500 private companies which partner with the Indian Space Research Organisation (ISRO) in carrying out various space activities.
- They provide materials used in manufacturing, mechanical fabrication, electronic fabrication, system development, integration, etc.
2. To work out suitable mechanisms to encourage private companies to offer free sharing of technology, expertise and facilities wherever possible or on a reasonable cost basis:-
- After these reforms are implemented fully, the role of NSIL would be to build launch vehicles, provide launch services, build satellites, provide space-based services, technology transfers, etc.
3. Allow setting up of facilities within ISRO campuses based on safety norms and feasibility assessment:-
- The government will allow utilising those infrastructures of ISRO which are otherwise not available elsewhere in India.
4. Permit establishment of facilities, within ISRO premises, based on safety norms and feasibility assessment.
