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The Indian National Space Promotion and Authorisation Centre (IN-SPACe) and the Karnataka government have signed agreements to boost the space sector.
One deal is to set up a Centre of Excellence for Space Technologies in Bengaluru and another is to create a public-private space manufacturing park for building advanced satellites and launch-vehicle production.
The agreements were signed between IN-SPACe and Karnataka’s Department of Electronics, IT, Biotechnology, and Science & Technology.
IN-SPACe said these MoUs will help both sides work together to set up the Centre of Excellence for Space Technologies and the Space Manufacturing Park.
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These agreements will help grow Karnataka’s space startup ecosystem in line with the Indian Space Policy, 2023, and encourage innovation in the sector.
IN-SPACe said it is leading India’s space efforts by making it easier to do business and involving both government and private players.
Pawan Goenka, chairman, IN-SPACe, said, “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 new space era.”
“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,” said Karnataka’s Chief Secretary, Shalini Rajneesh.
He said IN-SPACe is excited to work closely with the state to develop and produce more satellites, engines, and deep-space technologies in Karnataka.
The state already has a strong space ecosystem, with ISRO’s headquarters, DRDO labs, and companies like HAL, BEL, BHEL, NAL, along with top research and academic institutions.
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