India, April 18 -- The Gujarat government on Thursday launched the Gujarat SpaceTech Policy (2025-2030) with an aim of attracting "investments worth USD 5 billion over the next five years" and creating "employment for 25,000 people", a senior official said.

Under the leadership of chief minister Bhupendra Patel, the government aims to be a frontrunner in space innovation. "Through the new policy, the government aims to attract investments worth USD 5 billion over the next five years and create employment for 25,000 people," principal secretary of science and technology Mona Khandhar said.

A statement issued by the government said that the policy, inspired by the legacy of the father of the Indian space programme, Vikram Sarabhai, seeks ...