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· To promote growth and attract investments within the space sector.
· In 2023, the Union government introduced the Indian Space Policy 2023, establishing a framework to support the development of the space ecosystem.
· The Indian National Space Promotion and Authorisation Centre (IN-SPACe) recommended that the State government develop its own space policy document.
· IN-SPACe, established by the Department of Space, serves as the central agency responsible for promoting, authorizing, and overseeing the activities of Non-Government Entities (NGEs) in the space sector.
Key Highlights of Tamil Nadu’s Space Policy
· Targets attracting ?10,000 crore in investments over the next five years, along with creating approximately 10,000 direct and indirect jobs within the same period.
· Offers a payroll subsidy for companies engaged in R&D or establishing global capability centres in the space sector.
· Designates select areas as Space Bays, providing structured incentive packages for firms planning investments below ?300 crore.
· Grants industrial housing incentives to space industrial park developers, offering 10% subsidy on residential facility development costs over 10 years, capped at ?10 crore.
· Provides a 25% capital cost subsidy for green and sustainable initiatives within these parks, subject to a maximum of ?5 crore.
1. Vision & Objectives
2. Scope & Applicability
3. Strategy
4. Role of Non-Governmental Entities (NGEs)
IN-SPACe (Indian National Space Promotion and Authorization Centre): An autonomous, single-window agency responsible for:
Indian Space Research Organisation (ISRO): Refocused on:
NewSpace India Limited (NSIL): The commercial arm of the Department of Space, responsible for:
Department of Space (DoS): Functions as the policy coordinator by:
By: Shailesh Kumar Shukla ProfileResourcesReport error
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