Overview
- The Tamil Nadu Cabinet formally approved the Tamil Nadu Space Industrial Policy 2025 on April 17, 2025.
- The policy targets ₹10,000 crore in investments and aims to create 10,000 high-value jobs in the space sector.
- It introduces capital subsidies of up to 20% and establishes dedicated Space Bays for manufacturing and services.
- A ₹10 crore Space Tech Fund was announced in the 2025-26 budget to support space-tech startups and MSMEs.
- Plans include a satellite testing lab and space-grade qualification facilities in Chennai, complementing the Kulasekarapattinam spaceport under construction.