Telangana inks pact with Skyroot to launch India’s first integrated rocket facility with ₹500 crore investment

Telangana inks pact with Skyroot to launch India’s first integrated rocket facility with ₹500 crore investment

Daily Current Affairs   /   Telangana inks pact with Skyroot to launch India’s first integrated rocket facility with ₹500 crore investment

Change Language English Hindi

Category : Miscellaneous Published on: January 25 2025

Share on facebook
  • The Telangana government has signed a Memorandum of Understanding (MoU) with Skyroot Aerospace, a Hyderabad-based company specialising in space technology. Chief Minister A. 
  • Revanth Reddy and IT & Industries Minister D. Sridhar Babu oversaw the signing of the MoU at the Telangana pavilion at the World Economic Forum (WEF) annual conference 2025.
  • The agreement envisages Skyroot establishing an integrated private rocket manufacturing, integration, and testing facility in Telangana. 
  • This facility is expected to be one of the largest of its kind in the private sector, with Skyroot investing around ₹500 crore in the project.
Recent Post's

  • The Sahitya Akademi announced 2025 awards for 24 languages, honoring Navtej Sarna (English) and Mamta Kalia (Hindi) among others.

    Read More....

  • Indian-origin filmmaker Alexandre Singh won the Oscar for Best Live-Action Short Film for Two People Exchanging Saliva at the 98th Academy Awards.

    Read More....

  • The World Bank approved a USD 300 million loan to support the Uttar Pradesh Clean Air Management Program targeting pollution across multiple sectors.

    Read More....

  • Assam Police officer Dr. Partha Sarathi Mahanta won the Best Director award at the New York Short Animation Festival 2026 for his film CHYIMI.

    Read More....

  • Jessie Buckley won Best Actress for Hamnet, while Michael B. Jordan secured his first Best Actor Oscar for Sinners at the 98th Academy Awards.

    Read More....

  • PM Modi inaugurated the 120 MW Lower Kopili Hydroelectric Project in Assam, a run-of-river project funded by the Asian Development Bank.

    Read More....

  • Indian-origin entrepreneur Surya Midha became one of the world's youngest billionaires through his AI hiring startup, Mercor.

    Read More....

  • Ahmedabad-based Omspace Rocket and Exploration successfully launched Gujarat’s first private sounding rocket near Dholera.

    Read More....

  • 19-year-old Kimi Antonelli secured his maiden F1 victory at the 2026 Chinese Grand Prix, leading a Mercedes 1-2 finish.

    Read More....

  • The Ministry of Education and IIT Kanpur launched the AI-powered SATHEE app to provide free exam preparation for competitive tests like JEE and NEET.

    Read More....