TNPSC Thervupettagam

Draft Tamil Nadu Space Industrial Policy 2024

July 4 , 2024 2 hrs 0 min 30 0
  • The Tamil Nadu government has released the draft Tamil Nadu Space Industrial Policy 2024.
  • It aims to create direct and indirect employment prospects for nearly 10,000 persons in 10 years.
  • It also promised a slew of incentives to the players in the sector.
  • The policy would be applicable for all enterprises engaged in the manufacturing and services pertaining to the space sector.
  • The State government has already partnered with private industries to establish a common facility at Tiruchi termed as TREAT.
  • It has capabilities to support the heavy engineering needs of the space industry.

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