Overview
- Karnataka invited global technology companies, startups, investors and researchers to begin formal industry engagement on the proposed Quantum City at a high‑level roundtable in Bengaluru on Tuesday, September 8, with attendance from former ISRO chair S. Somanath and representatives of NewSpace India Limited and several private space firms.
- Under the Karnataka Space Technology Policy 2025–30 the government reaffirmed targets to capture 50% of India’s space market and 5% of the global market by the policy horizon while seeking to attract $3 billion in investment and train 50,000 space and deep‑tech professionals.
- The state outlined concrete support measures that cover the full space value chain, including a proposed Centre of Excellence, easier access to testing and R&D infrastructure, funding programs and an investment incentive of up to a 20% capital subsidy for eligible projects.
- Officials said they plan a dedicated Karnataka Space Park and a Space Manufacturing Cluster near Bengaluru to host manufacturing, assembly, integration and testing and to serve as a testbed for satellite, drone, GIS and AI systems used for groundwater mapping and irrigation management.
- Bengaluru’s existing strengths—ISRO’s presence, a growing private spacetech cluster and large aerospace exports—give the plan a practical base but the next steps to watch are firm industry commitments, selection of sites and the arrival of the targeted capital and skilled workforce.