The establishment of IN–SPACe was announced in June 2020 by the Minister of State for Space Jitendra Singh,[1] with the Union Cabinet approving its creation.

[5][6][7] Over the years, ISRO has developed several industries and Micro, Small and Medium Enterprises (MSMEs) as supply chain partners in realization of launch vehicles and satellites.

[11] IN–SPACe will act as a link between the ISRO and private sector companies, assessing "how best to utilise India’s space resources and increase space-based activities.

[1][4] The viability of Ground Station As a Service (GSaaS) for the private sector on ISRO property is being investigated by IN-SPACe.

It would result in reduced requirements for housing several stations at the same location, financial advantages, resource efficiency, improved service coverage, and cooperative innovation.