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.
