Chennai, March 14 -- The Tamil Nadu government will set up
Space Tech fund with an allocation of Rs ten crore to encourage
Space Tech Start-ups, Finance Minister Thangam Thennarsu
told the State Assembly on Friday.
Presenting the Budget for the year 2025-26 in the House, he
said the recently formed Space-tech startups in Tamil Nadu
have made their unique mark across the globe.
To encourage such Space-tech Startups, a 'Space Tech Fund'
with an allocation of Rs.10 crore will be set up.
Additionally, Foundation and Prototype development lab for
satellite testing, space-grade qualification test facilities,
incubation and skill development facilities will be setup in
Chennai.
UNI GV 1756
Published by HT Digital Content Services with pe...