Tamil Nadu has unveiled its Space Industrial Policy 2025, aiming to establish the state as a significant player in India's space economy. The policy targets attracting Rs.10,000 crore in investments and generating 10,000 high-value jobs over the next decade.

Key Points:

• The policy targets Rs.10,000 crore in investments and 10,000 direct and indirect jobs in 10 years.
• It focuses on satellite manufacturing, launch services, satellite applications, and space tourism.
• Tamil Nadu plans to develop ‘Space Bays’ in southern districts and a space propellant park in Tuticorin.
• A ?500 crore Tamil Nadu Emerging Sector Seed Fund supports space-tech startups and innovation.
• Collaborations with institutions like NIT Trichy’s Space Technology Incubation Centre aim to foster research and development.