Latest news with #DepartmentofElectronics
New Indian Express
08-05-2025
- Business
- New Indian Express
Karnataka, IN-SPACe ink pact to boost space sector
BENGALURU: The Indian National Space Promotion and Authorisation Centre (IN-SPACe) and the Department of Electronics, IT, Biotechnology, and Science & Technology, Government of Karnataka, have signed two MoUs to strengthen the state's position as a leading commercial space hub. The MoUs signed signed on Wednesday includes, establishing a Centre of Excellence for Space Technologies in Bengaluru and setting up of a public-private space manufacturing park to anchor next-generation satellite and launch-vehicle production. The MoUs were signed by Ekroop Caur, Secretary to Government (Electronics, IT, Biotechnology and Science & Technology) and Lochan Sehra, Joint Secretary, IN-SPACe, in the presence of Shalini Rajneesh, Chief Secretary to Karnataka, and Dr Pawan Goenka, Chairman, IN-SPACe. Karnataka which is already home to space-related entities is expected to further strengthen its space ecosystem through these initiatives, aligning with the Indian Space Policy 2023, a press release from INSPACE stated. 'The MoUs mark a new chapter in Karnataka's space journey, creating a seamless talent and value chain,' said Shalini Rajneesh. Dr Pawan Goenka, Chairman of IN-SPACe highlighted Karnataka's potential as a hub for NewSpace enterprises. 'We look forward to working closely with the state to see more satellites, engines, and deep-space technologies being developed and manufactured,' he said.
The Hindu
07-05-2025
- Business
- The Hindu
IN-SPACe and State government sign MoUs to build Centre of Excellence for Space Technologies and Space Manufacturing Park
The Indian National Space Promotion and Authorisation Centre (IN-SPACe) and the Karnataka government have signed MoUs, including one for establishing a Centre of Excellence for Space Technologies in Bengaluru and and another for setting up a public-private space manufacturing park that will anchor next-generation satellite and launch-vehicle production. The MoUs were signed between the IN-SPACe and the Department of Electronics, Information Technology, Biotechnology and Science & Technology. According to IN-SPACe, the MoUs will establish the framework for the Karnataka government and IN-SPACe to collaborate and partner for the setting up of the Centre of Excellence for Space Technologies and the Space Manufacturing Park. The MoUs will enable and support the State's NewSpace ecosystem towards the national vision as per the Indian Space Policy, 2023, and promote innovation in the sector. IN-SPACe said that it has been spearheading India's space ambitions by enabling ease of doing business with the active participation of government as well as non-governmental entities. 'As the global space ambitions soar high, IN-SPACe is acting as a nodal agency to shape India's growing space economy. This signing of MoUs with the Karnataka government aligns with the goal to give impetus to regional ambitions that club with the holistic national projections,' it said. Shalini Rajneesh, Chief Secretary to Government of Karnataka, said: 'The MoUs with IN-SPACe mark a new chapter in Karnataka's space journey creating a seamless talent and value chain with the regulatory support required to compete globally.' Pawan Goenka, chairman, IN-SPACe said: 'State of Karnataka has emerged as a hub for new age space start-ups and enterprises. The MoUs will bolster this ecosystem and support the state and country's efforts in succeeding in the NewSpace era. We look forward to working shoulder-to-shoulder with the State to see more satellites, engines and deep-space technologies developed and manufactured in the State.' IN-SPACe further said that as the global space sector moves from agency-driven programmes to agile public-private partnerships, today's signing cements Karnataka's role as India's launch pad for breakthrough NewSpace technologies propelled by government vision, private ingenuity and an unrivalled talent pool.
