Karnataka’s Space Tech Policy Aims for 5% Global Market Share by 2029

Karnataka has released the Draft Space Tech Policy 2024-2029. The policy aims for the state to capture 5% of the global space market and 50% of India’s space sector. It focuses on creating high-skill jobs, developing space-based applications, and building a space manufacturing cluster. Karnataka plans to attract $3 billion in investments, support 500 start-ups, and train 5,000 professionals, including 1,500 women, for careers in the global space industry.

By Avi G

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