Archive · 26 Jun 2025
AP Unveils Space Policy 4.0, Targets ₹25,000 Crore Investments
The Chief Minister of Andhra Pradesh, Chandrababu Naidu, is starting a new space program called Space Policy 4.0.
It is designed to bring in a lot of money, about ₹25,000 crore, from businesses that work in space.
The program is also expected to create many jobs for people directly and indirectly.
The government will build special 'space cities' and offer money to help space companies set up in Andhra Pradesh.
They also want students to learn about space.
AP CM Chandrababu Naidu reviewed the new Andhra Pradesh Space Policy 4.0.
The policy aims to attract ₹25,000 crore in investments.
The policy anticipates creating 5,000 direct jobs.
Space cities will be established in Lepakshi and Tirupati.
Investment subsidies of 25-45% will be offered to space industries.
- Who
- Chief Minister Chandrababu Naidu.
- What
- Review of Andhra Pradesh Space Policy 4.0 to attract investment.
- When
- Recently reviewed.
- Where
- Andhra Pradesh, specifically Lepakshi and Tirupati.
- Why
- To transform Andhra Pradesh into a space technology and research hub.
- Policy Name
- Andhra Pradesh Space Policy 4.0
- Investment Goal
- ₹25,000 crore
- Direct Jobs
- 5,000
- Indirect Jobs
- 30,000 (expected)
- Space Cities
- Lepakshi, Tirupati
- Investment Subsidies
- 25-45%
