Andhra Pradesh, with its geographic and policy advantages, is uniquely positioned to support and benefit from the national initiatives. Towards supporting the vision of the GoI, the State government intended to develop a comprehensive and inclusive industrial ecosystem for space sector participants, including start-ups, large enterprises, academic institutions, and global investors.
Manufacturing clusters
The aim is to attract domestic and foreign investments in all segments of the space value chain, facilitate space-based innovations in governance, education, agriculture, disaster management, and environment monitoring, support the NSP through industrial supply base development and setting up manufacturing clusters near Sriharikota, promote public-private partnerships, and to encourage technology transfer through regulatory frameworks and funding according to the reports published in thehindu.com.
The government will form an SPV, ‘AP Space City Corporation’, which will drive all initiatives related to the development of the above Space Cities, and serve as the central agency to coordinate infrastructure development, raise start-up funds, attract investments, facilitate industry partnerships, build partnerships to attract global demand, and liaise with all GoI entities for tapping the domestic demand.
