The decision was taken at the topmost level by the government some time ago and the agency has started taking shape under a Joint Secretary-level scientist.
Pakistan's ties with Russia have moved past the bitter Cold War hostilities and the chill in the US-Pakistan relations has further pushed the country towards Russia and China.
While terming the whole matter as a terrible thing, NASA head Jim Bridenstine also told the media that not all of the pieces were big enough to track.
PM Modi on Wednesday announced that India had demonstrated anti-satellite missile capability by shooting down a live satellite under 'Mission Shakti'.
Mission Shakti: US takes note of India's first anti-missile test; expresses concern over space debris
The test makes India the fourth country in the world after the US, Russia and China to acquire the strategic capability to shoot down enemy satellites.
Speaking on Mission Shakti, former Defence Research and Development Organisation (DRDO) scientist Dr Ravi Gupta said the technology was available since 2010 but not demonstrated till now.
With the successful test, India entered the elite club of four nations which have such specialised and modern capability. Others in the club are the US, Russia and China.
Madhavan Nair said Modi has the political will and courage to show anti-satellite missile capability to whole world.
The former Air Force officer and other experts said India has possessed the anti-missile technology for several years but needed the political go-ahead to actually test it in live conditions.
India's Mission Shakti: Pakistan says it's against militarisation of outer space; China urges for peace
In New Delhi, the Ministry of External Affairs said in a statement that India has no intention of entering into an arms race in outer space.