12 hours ago
Space Park will enable Kerala to climb new heights: Pinarayi
The Space Park will enable Kerala to scale new heights in the field of space research and lead to benefits in the space industries sector, Chief Minister Pinarayi Vijayan has said.
He was speaking after laying the foundation stone for the Common Facility and R&D Centres of the Kerala Space Park.
Mr. Vijayan also inaugurated the Kerala Aero expo 2025-a comprehensive showcase of India's space legacy, achievements and future missions at the function held at the Technocity Campus in Pallipuram on Thursday.
He said that as part of these interventions, the State government is taking a new step in the field of space research under the name of K-Space. The activities of K-Space will be organised in such a way as to encourage new companies entering the field of space research and defence and also to work in conjunction with existing companies.
'The Kerala Space Park is an important intervention envisioned by the Left Democratic Front (LDF) government to energise Kerala's space research sector. It is being established in Thiruvananthapuram, which has many institutions that can claim a great tradition in the field of space research. The Space Park is envisioned to be useful in making the products required by these institutions available on an industrial basis and in attracting investors working in the space and defence sector,' said
The Space Park's subsidiary institutions will also be established in Kozhikode, Kochi and Kannur. The construction of buildings covering 2 lakh square feet on 3.5 acres of land for the Space Park will be completed in the first phase. An amount of ₹244 crore will be made available through NABARD for this purpose.
