IN-SPACe signs MoU with Karnataka govt to strengthen state’s NewSpace ecosystem

From L to R: Dr Pawan Goenka- Chairman IN-SPACe, Lochan Sehra, IAS, Joint Secretary, IN-SPACe, Dr Ekroop Caur, IAS, Secretary to Authorities (Electronics, IT, Biotechnology and Science &Expertise), Authorities of Karnataka and Dr Shalini Rajneesh, IAS, Chief Secretary to the Authorities of Karnataka

Indian Nationwide Area Promotion and Authorisation Centre (IN-SPACe), and the Division of Electronics, Data Expertise, Biotechnology and Science & Expertise has signed an MoU with the Authorities of Karnataka to speed up the state’s business house launchpad. The MoUs signed embrace establishing a Centre of Excellence for Area Applied sciences in Bengaluru and organising of a public-private house manufacturing park.

IN-SPACe is a governmental organisation constituted to open up the house sector and allow the participation of the Indian non-public enterprises within the house sector. Based in 2020, the organisation is accountable for the promotion, enabling, authorisation, and supervision of assorted house actions of the Non-Governmental Entities.

The MoUs have been signed by Dr Ekroop Caur, IAS, Secretary to Authorities (Electronics, IT, Biotechnology and Science & Expertise), Authorities of Karnataka; and Mr Lochan Sehra, IAS, Joint Secretary, IN-SPACe, within the presence of Dr Shalini Rajneesh, IAS, Chief Secretary to the Authorities of Karnataka, and Dr Pawan Goenka, Chairman, IN-SPACe.

Dr Pawan Goenka, Chairman, IN-SPACe stated, “State of Karnataka has emerged as a hub for brand new age house start-ups and enterprises. The MoUs will bolster this ecosystem and assist the state and nation’s efforts in succeeding within the NewSpace period. We glance ahead to working shoulder-to-shoulder with the state to see extra satellites, engines and deep-space applied sciences developed and manufactured within the state.”

The collaboration comes after the Karnataka authorities had launched its draft Karnataka Area Expertise Coverage, 2024-29 in November of final 12 months, with the purpose to make the state a world vacation spot for house expertise.

“The MoUs with IN-SPACe mark a brand new chapter in Karnataka’s house journey making a seamless expertise and worth chain with the regulatory assist required to compete globally,” stated Dr Shalini Rajneesh, Chief Secretary to Authorities of Karnataka.

(Inputs from businessline intern Rohan Das)

Extra Like This

Revealed on Might 7, 2025