1 hr ago
Telangana Plans Dedicated Space City to Expand India’s Space Economy
Telangana wants to build a special city for space-related work.
The city would bring together companies, scientists, skilled workers and factories.
Businesses could use it to build, test and expand space technologies.
Minister D Sridhar Babu said young Indian space companies are developing new ideas.
These ideas could include putting data centers and science laboratories in space.
Hyderabad is already home to Skyroot Aerospace, a major private space company.
Telangana hopes its space and technology industries will help the state contribute more to India’s economy.
The minister also said new technologies such as artificial intelligence and quantum computing will change many jobs.
Telangana Industries Minister D Sridhar Babu said the state is developing a dedicated Space City.
The proposed project aims to unite space companies, research, talent, infrastructure and advanced manufacturing.
Babu said Hyderabad-based Skyroot Aerospace is India’s first space-sector unicorn.
A panel discussed satellite technology, launch systems, deep-tech innovation and private-sector participation in India’s space economy.
Telangana aims to raise its contribution to India’s economy from about 5% to 10% by 2047.
- Who
- Telangana Industries Minister D Sridhar Babu, private space-sector companies and other state ministers attended the event.
- What
- Telangana announced plans for a dedicated Space City and discussed the state’s growing space, deep-tech and innovation ecosystem.
- Where
- The event was held in Hyderabad, Telangana.
- When
- The announcement was made during the Telangana edition of the Architects of Viksit Bharat event; no date was specified.
- Why
- The Space City is intended to bring together industry, research, talent, infrastructure and advanced manufacturing while supporting Telangana’s economic and space-sector goals.
Key facts
- Proposed project
- A dedicated Space City in Telangana
- Planned ecosystem
- Industry, research and development, talent, infrastructure and advanced manufacturing
- Space-sector company cited
- Hyderabad-based Skyroot Aerospace, described as India’s first space-sector unicorn
- India’s 2047 economic projection
- A $30 trillion economy
- Telangana’s current contribution
- About 5% of India’s GDP
- Telangana’s 2047 target
- 10% of India’s projected economy, or $3 trillion
- Future of Jobs figures cited
- 170 million jobs created globally and 92 million displaced by 2030; 39% of existing skills expected to change
Quotes
D. Sridhar Babu
Telangana Minister for IT, Electronics and Communications and Industries
“Our space tech guys are very young... Recently, I interacted with them and appreciated their drive to do something great. They are not trying to imitate what the West is doing, they want to innovate.”
wionews.com
Sources
Related news
Telangana Eyes Space Technology as Hyderabad’s Next Growth Pillar
Telangana Bets on Talent and Technology for Manufacturing Growth
Revanth Reddy Says Telangana Is Emerging as Space Tech Hub
India's Space Economy May Reach $44 Billion By 2033
Modi Urges Space Startups to Attract Global Talent
Jefferies names six sectors driving India’s new industrial revolution
Telangana Plans Rural Mega Job Mela to Tackle Unemployment
BJP Seeks Sitting Judge Inquiry Into Section 22A Dispute
Telangana Introduces Core Urban Region Governance Bill
Telangana Minister Tables Core Urban Region Bill for Hyderabad
