Karnataka to soon get space tech manufacturing park and Centre of Excellence

Bengaluru: In a landmark move to bolster India's space technology capabilities, the Indian National Space Promotion and Authorisation Centre (IN-SPACe) has teamed up with the Karnataka government to establish a state-of-the-art space tech manufacturing park and a Centre of Excellence. This initiative is poised to position Karnataka as a pivotal hub for space innovation, leveraging the state's robust tech ecosystem and skilled workforce to drive advancements in the sector. The upcoming space tech park will cater to the growing demands of the global space industry, providing infrastructure for the manufacturing and testing of satellite components, launch vehicles, and other critical space-related technologies. The Centre of Excellence will focus on research and development, fostering collaboration between academia, startups, and established industry players. This synergy is expected to accelerate technological breakthroughs and enhance India's competitiveness in the global space arena. This strategic development aligns with India's larger vision of self-reliance in space technology and its aspirations to become a major player in the international space market. By nurturing innovation and promoting private sector participation, the initiative is set to create numerous job opportunities and attract investments, further cementing Karnataka's status as a leading destination for space technology ventures.

— Authored by Next24 Live