Key insights
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1
Investment Incentives
The policy aims to attract $3 billion through various investment incentives.
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2
Skill Development Focus
It plans to train 50,000 young professionals in space technology.
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3
Support for Start-ups
The initiative will assist 500 start-ups and MSMEs in the space sector.
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4
Infrastructure Development
The policy includes plans for manufacturing parks and a Centre of Excellence.
Takeaways
Karnataka's new space tech policy positions the state as a key player in the global space market, fostering innovation and growth in the sector.