- Telangana government to make new policy to flourish space-tech in the state.
- The state is already a home for many space-tech startups.
Taking advantage of the Central government’s decision to allow private players to enter into the space-tech sector, the Telangana government will formulate a space-tech policy to facilitate this sector’s investments.
The policy aims for domestic production of satellite systems and sub-systems, launch vehicles and ground equipment manufacturing.
Principal Secretary, Telangana, Jayesh Ranjan, said that Telangana is creating a new policy to develop an end-to-end space tech ecosystem in the state. And to capture the emerging global opportunities in space-related innovations.
It will help in other areas of innovation such as disaster management, universal connectivity, and big data analytics for agriculture and allow students’ remote education.
Space-tech would give equal importance to downstream remote sensing applications that can solve real-life problems in disaster management, agriculture, insurance, urban flood modelling, and forestry.
Hyderabad-based startup Dhruva Space, a co-winner in the Space category in the National Startup Awards, is one of the space startups that participated in the state government’s conference on this matter.
The startup requested the government to provide land parcels to the space sector, establish common sharing facilities and help in funding by providing collateral-free loans.
Telangana is already home to several known startups such as Skyroot, Dhruva and other major space-tech companies. The city has got the 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.