B'luru space expo 2024: K'taka targets $17 billion economic boost in space sector:Min Priyank Kharge
Bengaluru: Karnataka’s IT-BT Minister Priyank Kharge on wednesday highlighted about the state positioning itself as a key player in the space technology industry, aiming to generate $17 billion in economic value by capturing 40% of the national market share.
Speaking at the inauguration of the Bengaluru Space Expo 2024, held at the Bangalore International Exhibition Center on Wednesday, Minister Priyank Kharge emphasized the state's commitment to fostering innovation and development in the space sector.
Kharge highlighted the government's role in building an ecosystem that supports space technology through progressive policies, MSME support, and infrastructure development. "We are creating an environment for future space technology, making Karnataka a hub for this industry," he said.
The state has already made significant strides in the space sector, with the government working on a dedicated state policy for space technologies. This policy is expected to attract investment, encourage innovation, and establish a center for space technologies. Kharge noted that Karnataka has emerged as a driving force in the space industry, thanks to government support for space technology startups and businesses.
A recent partnership between Bengaluru-based spacetech startup PixCell and NASA, as part of a $476 million commercial program, further reinforces Karnataka's growing influence in the global space sector. The collaboration showcases the state's evolution from a hub for ISRO-linked startups to a global leader in space technology.
Kharge underscored that the Bengaluru Space Expo 2024 serves as a platform to showcase the state's advancements in space technology, while also reaffirming its commitment to contributing to India's ambitious space goals.
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India, Jamaica agree to boost trade, skilled mobility: Jaishankar
Kingston (PTI): India and Jamaica agreed to further strengthen trade linkages and explore cooperation for recruitment and mobility of skilled professionals, including healthcare workers and teachers, External Affairs Minister S Jaishankar said.
Addressing a joint press conference here after talks with his Jamaican counterpart Kamina J Smith on Monday, Jaishankar said the discussions were comprehensive, and they reviewed the entire gamut of bilateral ties, identifying new avenues to deepen the partnership.
"We signed several important agreements and discussed effective implementations of MOUs which have been recently concluded in the fields of digital transformation, cultural exchange, sports and digital payments to ensure tangible outcomes on the ground," he said.
India recognised Jamaica's growing role as a logistics hub and gateway to the Caribbean for trade and investment, Jaishankar said.
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"We agreed to further strengthen trade, business and investment linkages, explore cooperation for recruitment and mobility of skilled professionals, including nurses, healthcare workers and teachers," he said.
The two sides also discussed expanding cooperation in defence and security, healthcare, digitisation, agriculture, education and infrastructure, the minister said.
Highlighting development cooperation as a key pillar of ties, Jaishankar noted the successful completion of the Improving Rural Livelihoods Project in Kitson Town in March 2026, implemented with Indian assistance of USD 1 million under the India-UN Development Partnership Fund, benefiting over 200 individuals and impacting thousands more.
He said India is also discussing the feasibility of establishing an artisan empowerment hub in Jamaica and reiterated support for the country's recovery following Hurricane Melissa.
As part of humanitarian assistance, India has supplied relief material, deployed a medical team and is in the process of providing 30 dialysis units. It is also sending 40 fishing boats and 200 GPS units to aid recovery efforts.
The ministers reaffirmed close cooperation in multilateral fora and discussed issues such as reformed multilateralism, climate justice and priorities of the Global South.
India appreciated Jamaica’s support for its candidature for a non-permanent seat at the UN Security Council for 2028-29.
Both sides strongly condemned terrorism in all its forms and called for early finalisation of the Comprehensive Convention on International Terrorism.
Jaishankar also highlighted growing people-to-people ties, noting the popularity of yoga and Ayurveda in Jamaica and the contribution of the Indian diaspora to the country’s development.
He announced a contribution of two million Jamaican dollars towards celebrations marking 181 years of the arrival of Indians in Jamaica on India Heritage Day.
According to the website of the High Commission of India in Kingston, Jamaica has an Indian diaspora of around 70,000 people whose forefathers came mostly from Uttar Pradesh and Bihar as indentured labour between 1845 and 1917. Some also came from South India.
The diaspora constitutes around 3 per cent of Jamaica's population and continues to nurture an abiding interest in Indian culture, music, dance and history, serving as a cultural bridge between the two countries. May 10 is observed as India Heritage Day in Jamaica.
Later in the day, Jaishankar interacted with Jamaica’s industry and business leaders, underlining the need to deepen economic engagement as countries diversify partnerships globally.
“Emphasised that as we all diversify and seek reliable partners, the imperative to deepen India-Jamaica business ties is that much stronger,” he said in a social media post, noting that the potential for bilateral and regional economic cooperation should be "explored more vigorously".
He also appreciated Industry Minister Aubyn Hill for convening the interaction with business leaders.
Jaishankar arrived in Kingston on Saturday, marking the first leg of his nine-day tour of Jamaica, Suriname, and Trinidad and Tobago, aimed at further strengthening India's strategic and cultural ties with the Caribbean nations.
