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
  • RuPay partnered with BookMyShow to offer cardholders exclusive access and benefits at major entertainment events.

    Read More....
  • Shayok village in Ladakh is developing the UT’s first botanical garden on 10 hectares of barren land.

    Read More....
  • Annu Rani won gold in javelin throw at the Wiesław Maniak Memorial in Poland with a 62.59m throw.

    Read More....
  • Bimaplan appointed Anurag Mishra as CEO to lead its global insurance expansion strategy.

    Read More....
  • Trump imposed an additional 25% tariff on Indian imports, raising total tariffs to 50% due to India’s oil trade with Russia.

    Read More....
  • The Archery Association of India announced the first franchise-based Archery League to be held in October 2025.

    Read More....
  • OpenAI launched gpt-oss models that can run locally on devices with only 16GB RAM.

    Read More....
  • Study of dinosaur teeth revealed Earth’s climate was much hotter 150 million years ago.

    Read More....
  • Punjab became the first Indian state to empanel sign language experts under the Juvenile Justice Act.

    Read More....
  • Moldova joined the International Solar Alliance as its 107th member country.

    Read More....