With a vision to make Telangana a commercial hub for all space-related products and services, the state government has decided to formulate a space-tech policy framework. The policy aims to push domestic production of launch vehicles, satellite systems and sub-systems and ground equipment manufacturing.
State’s Principal Secretary, Industry and Commerce, Jayesh Ranjan, said on Sunday that Telangana is creating a holistic framework to develop an end-to-end space tech ecosystem in the state and attempt to capture the emerging global opportunities in space-related investments and innovations.
Telangana is already home to several renowned start-ups such as Skyroot, Dhruva and other major companies in the spacetech sector. The city has collocated facilities of the Defence Research and Development Organisation, the National Remote Sensing Centre, the Advanced Data Processing Research Institute, the Defence Research & Development Laboratory, the Research Centre Imarat, the Bharat Dynamics Ltd, the Mishra Dhatu Nigam Ltd, the Ordnance Factory Board, the Defence Metallurgical Research Laboratory, and the Advanced Research Centre for Powder Metallurgy and New Materials.
To formulate Telangana’s spacetech policy framework, the state government held a virtual consultation. It invited stakeholders like hardware start-ups, analytics start-ups and academia to share their insights during a virtual stakeholder consultation. Uma Maheshwaran, Scientific Secretary, ISRO HQs, and Dr Ravi Kumar, Director, NRSC) also attended the event.