Gujarat launches SpaceTech Policy; aims to attract $5 billion investment in 5yrs

Gujarat SpaceTech Policy (2025–2030) also aims at creating “employment for 25,000 people, principal secretary of science and technology Mona Khandhar said

Published on: Apr 18, 2025, 14:06:18 IST

By Maulik Pathak

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Ahmedabad: 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 to “foster innovation, attract investment, and drive private sector participation in India’s rapidly growing space economy.”

Also Read: India plans space sector boost in global market

It supports the full range of space sector activities, including satellite payload manufacturing, communication and propulsion systems, ground stations, satellite control centres, and space-based application design, it added.

“The SpaceTech Policy offers comprehensive fiscal and non-fiscal incentives to support the entire spectrum of space sector activities, including satellite payload and component manufacturing, communication and propulsion systems, ground stations, satellite control centres, and space-based application design. To further strengthen the ecosystem, the state government will establish a Centre of Excellence in Space Technologies to promote skill development, research, and innovation,” the statement further read.

In collaboration with the Indian National Space Promotion and Authorisation Centre (IN-SPACe) and the department of space, Gujarat plans to develop a dedicated space manufacturing park equipped with state-of-the-art infrastructure and common technical facilities, as per the policy.

Also read: Catapulting India into global space leadership

The policy aligns with the Government of India’s Indian Space Policy 2023 and recent reforms enabling Foreign Direct Investment (FDI) and private sector engagement in space activities. It also complements Gujarat’s existing policies for electronics, semiconductors, IT/ITeS, and Global Capability Centres (GCCs), reinforcing the state’s role in high-tech manufacturing and leveraging India’s space achievements like Chandrayaan, Mangalyaan, and SpaDeX.

ABOUT THE AUTHOR
Maulik Pathak
He is an Ahmedabad-based journalist with more than two decades of experience. His career spans business journalism and general news, with reporting across politics, crime, governance, public policy, business, industry, infrastructure, energy, ports, aviation, the environment, wildlife and social issues. He began his career in feature writing before moving into business journalism, reporting on companies and sectors including energy, infrastructure, pharmaceuticals, automobiles and real estate. Over the years, his work expanded to politics, courts, crime, public policy, civic affairs, the environment and wildlife. His reporting has taken him from government offices and courtrooms to factory floors, ports, forests and remote villages, covering stories that range from industrial investments and financial markets to elections, conservation and issues affecting everyday life. While many assignments demand the pace of the daily news cycle, others require sustained reporting over months and years to follow developments beyond the headlines. He started his journalism career with the Asian Age in Ahmedabad in 2002 as a feature writer and sub-editor. Since 2022, he has been working with Hindustan Times. Earlier, he worked with Business Standard, DNA, The Economic Times, Mint and The Times of India. His longest stint was with Mint, where he spent more than eight years reporting across multiple beats. During his career, he has worked in both reporting and editing roles, contributing to page planning, local editions and special editorial projects as newsrooms evolved from print-first operations to digital publishing. Early in his career, he also worked on media and documentary projects with an NGO and as a copywriter at a communications agency before returning to journalism. Away from work, he sometimes makes time for a pair of binoculars, table tennis, cinema and the occasional poem.Read More

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