Andhra Pradesh to build unique space economy ecosystem, says Lokesh
IT Minister Nara Lokesh highlighted opportunities for startups and research institutions at the CII Partnership Summit 2026 in Visakhapatnam.
Andhra Pradesh aims to become a distinctive destination for India's space economy by developing a specialised ecosystem, according to reports by Deccan Chronicle and Deccan Herald. Speaking at the second day of the CII Partnership Summit 2026 in Visakhapatnam, IT Minister Nara Lokesh said the sector is entering an exciting phase with many unexplored opportunities.
Lokesh stated that the state is adopting a systematic approach by identifying key industries, mapping stakeholders, and attracting investments. He emphasised the need for vertical integration, which involves attracting sub-component manufacturers, suppliers, and vendors, as well as horizontal integration to bring academia and industry together.
The minister noted that many supporting companies are Micro, Small and Medium Enterprises (MSMEs) that strengthen the supply chain. He cited an example of an MSME exhibitor that manufactured a shield for a rocket.
To support horizontal integration, Lokesh suggested revamping academic curricula and strengthening testing and certification facilities through Centres of Excellence. He mentioned a collaboration with IIT Tirupati to establish a Centre of Excellence in the energy sector.
Lokesh also stressed the importance of a dedicated national policy and called for state governments to proactively attract companies such as Skyroot. He said building connections between major space companies, MSMEs, suppliers, and research institutions would be vital.
The minister expressed confidence in the state's vision, adding that the government would ensure the implementation of development goals set by Chief Minister N. Chandrababu Naidu.