scorecardresearch
Sunday, July 13, 2025
Support Our Journalism
HomeEconomyTamil Nadu's Space Policy to attract investment of Rs 10,000 cr says...

Tamil Nadu’s Space Policy to attract investment of Rs 10,000 cr says Minister Rajaa

Follow Us :
Text Size:

Chennai (Tamil Nadu) [India], April 18 (ANI): Tamil Nadu’s Space Policy plans to attract an investment of Rs 10,000 crore into Tamil Nadu’s space sector, highlighted T R B Rajaa, Minister for Industries, Government of Tamil Nadu.

In a social media post, the minister said, “Tamil Nadu is strapping on boosters to liftoff into the #spacetech orbit! In a landmark decision today, the Tamil Nadu Cabinet has approved the Tamil Nadu Space Industrial Policy 2025, a bold blueprint to catapult our state into the high-orbit economy of space technology and advanced manufacturing.”

He described this new policy as a bold blueprint to launch the state into a high-growth economy driven by space technology and advanced manufacturing.

The minister also shared that the policy is built on three major pillars: attracting Rs 10,000 crore worth of investments into the space sector, creating at least 10,000 high-value jobs for the youth, and developing a skilled workforce ready to take on future opportunities in space technologies and services.

The minister stated that, under the leadership of Chief Minister M.K. Stalin, the policy is not just a mission plan, but a key step toward achieving the state’s goal of becoming a one trillion-dollar economy.

T R B Rajaa emphasised that the policy is not only about rockets and satellites. It aims to build a complete space ecosystem within the state. This includes all elements such as payloads, platforms, launchpads, and data analytics.

The government is creating special industrial zones called TNSpaceBays to support this vision. These zones will welcome MSMEs, deep-tech startups, R&D units, and global companies looking to invest in space technology from Tamil Nadu.

With this step, Tamil Nadu is aiming to become a hub for innovation, advanced manufacturing, and employment in the space sector. From launchpads to laboratories, the state is setting the stage for a new chapter in its development, reaching for the stars with strong policies and clear vision. (ANI)

This report is auto-generated from ANI news service. ThePrint holds no responsibility for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

  • Tags

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular