❖ The Tamil Nadu government has released the draft Tamil Nadu Space Industrial Policy 2024.
❖ It aims to create direct and indirect employment prospects for nearly 10,000 persons in 10 years.
❖ It also promised a slew of incentives to the players in the sector.
❖ The policy would be applicable for all enterprises engaged in the manufacturing and services pertaining to the space sector.
❖ The State government has already partnered with private industries to establish a common facility at Tiruchi termed as TREAT.
❖ It has capabilities to support the heavy engineering needs of the space industry