Overview
- The policy aims to generate 5,000 direct jobs and 30,000 indirect positions, laying groundwork for innovation, research and manufacturing through 2035.
- Two dedicated Space Cities will span 500 acres: Lepakshi will host R&D and startup incubation while Tirupati focuses on satellite assembly, avionics production and launch logistics.
- Subsidies ranging from 25% to 45% across five investment tiers will include additional support for women and entrepreneurs from BC, SC, ST, minority and differently-abled communities.
- A technical committee will design a plug-and-play common infrastructure model and recommend a new road link between Tirupati and Sriharikota to enhance logistical connectivity.
- Integration of electronics, aerospace, defence and drone technologies underpins the strategy in alignment with India’s Space Vision Policy-2047.