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Karnataka targets half of India’s spacetech market by 2034 under Siddaramaiah’s new policy
Business
Published on 24 April 2026
A five year push aims for 25000 new startups
Karnataka Chief Minister Siddaramaiah says the state’s upcoming spacetech policy is designed to capture half of India’s spacetech market by 2034. The plan focuses on creating 25,000 startups in five years via funding support, market access, infrastructure buildout, talent development, and social inclusion measures to broaden participation.
- Karnataka seeks half of India’s spacetech market by 2034
- Policy targets 25,000 startups over the next five years
- Emphasis on funding, market access, infrastructure, and talent
- Includes social inclusion to widen access to spacetech
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times