Govt studying feasibility of setting up industrial parks for space tech

It wants to ramp up indigenous manufacturing of satellite components, space launch vehicles, navigation systems

India may offer incentives and dedicated land parcels for building space gear. The government is exploring setting up dedicated industrial areas for manufacturing and developing space technology (space-tech).

The Department of Telecommunications (DoT) and the Ministry of Electronics and Information Technology (MeitY) have received industry representations and held inter-ministerial meetings on the issue, according to officials. A government-led committee may soon study it in greater detail, in consultation with the industry, they said.

The government is keen to ramp up the production of indigenously designed satellite components, launch vehicles, and geospatial navigation and monitoring systems. But unlike other emerging sectors, a production-linked