K'taka plans ascent into India's space orbit with $22 billion target

State eyes $3 bn in investment and a 50% national share as it ramps up upstream, downstream activities

- AVIK DAS

Karnataka on Tuesday announced its space technology (spacetech) policy for 2025-30, setting a target to capture 50 per cent of India's space market and 5 per cent of the global share by 2034.

Unveiled at the Bengaluru Tech Summit 2025, the policy focuses on building capacity through training for students and professionals — with a special emphasis on women — attracting investments, creating world-class infrastructure, and setting up a centre of excellence (CoE) for spacetech to drive research and innovation.