Select Language

Andhra Pradesh’s Space Cities: How CM Naidu’s Space Policy 4.0 Will Boost India’s Space Economy

Looking for a complete guide on current affairs for competitive exams like SSC, PSC, and NIFT? Stay updated with easy preparation tips and online preparation resources at MyEntrance, the best site to learn about trending topics and exam strategies.

Why Is This Important for Exams?
Current Affairs: Major developments in India’s space sector are frequently asked in SSC, PSC, UPSC, and other competitive exams.
Economic Growth: Understanding new policies and investments helps in general awareness sections.
Science & Tech: Space technology is a key topic for NID, NIFT, and engineering entrance exams.

Key Highlights of Andhra Pradesh’s Space Cities
1. Lepakshi Space City – The Innovation Hub
Spread over 500 acres, focusing on R&D, space startups, and innovation.
Will host institutions for space applications, satellite design, and advanced research.
Proximity to Bengaluru’s tech ecosystem ensures collaboration opportunities.

2. Tirupati Space City – Manufacturing & Logistics Powerhouse
Designed as a manufacturing hub for satellites, launch vehicles, and avionics.
Strategic location near Sriharikota and Chennai for easy launch logistics.
Proposed direct road connectivity to Sriharikota for seamless operations.

3. Space Policy 4.0 – Rs 25,000 Crore Investment Plan
Aims to generate 5,000 direct jobs and 30,000 indirect jobs.
Subsidies (25%-45%) for women, SC/ST, and minority entrepreneurs.
100% FDI allowed under India’s Space Policy 2023.

4. India’s Space Vision 2047
Targets $44 billion in space investments by 2033.
Plans for Chandrayaan-4, Mars Lander, Venus Orbiter, and human spaceflight missions.
Third launch pad at Sriharikota to support next-gen rockets.

5 Sample Questions & Answers for Competitive Exams
Q1. Where will Andhra Pradesh’s new Space Cities be located?
Ans: Lepakshi (R&D focus) and Tirupati (manufacturing & logistics).
Q2. What is the investment target under Space Policy 4.0?
Ans: Rs 25,000 crore.
Q3. Which global space companies were mentioned as key players in the meeting?
Ans: SpaceX (Starlink) and Blue Origin.
Q4. What percentage of the global space economy does India currently hold?
Ans: 2%.
Q5. What are the key missions under India’s Space Vision 2047?
Ans: Chandrayaan-4, Venus Orbiter, Mars Lander, and human spaceflight programs.

How to Prepare for Entrance Exams?
Staying updated with current affairs and science-tech developments is crucial for cracking competitive exams. For the most predicted questions and high-yield study material, visit MyEntrance.in – your ultimate exam preparation guide for SSC, PSC, NIFT, NID, and more!