Chennai, Apr 18 (UNI) The new Tamil Nadu Space Industrial Policy announced yesterday after the State Cabinet meeting was aimed at benefitting Chief Minister M K Stalin’s family, BJP National Council Member K Annamalai said on Friday.
The policy was expected as it would benefit the space-tec startup floated by Mr Stain’s son-in-law on July 22, 2024 which would get 20 per cent capital subsidy.
In a social media post, he wrote “The Tamil Nadu Space Industrial Policy released yesterday was expected ever since TN CM Thiru @mkstalin’s son-in-law floated a space-tech startup.
Thiru Sabareesan, the shadow CM of TN, is the designated partner of Vaanam Space LLP, incorporated on 22.07.2024.
“With this firm expected to receive a 20% capital subsidy, it would be appropriate to call this industrial policy the Gopalapuram family’s industrial policy”, Mr Annamalai alleged.
“The State is suffering with lack of investments, struggling for fresh investments in FY25 and here’s an authoritarian govt releasing an industrial policy to benefit his family. Shame!”, he added.
With a view to taking SpaceTech sector to the next level, the Cabinet gave its nod for the new SpaceTech policy-2025 under which the State has targetted to attract Rs 10,000 crore investment in the next five years and generate employment for a minimum of 10,000 people to improve their talent and create a skilled workforce.
With these goals on mind the attention will be mainly on Manufacturing Centres and production, but this time the Chief Minister stressed the need for devoting more attention on the emerging Spacetech sector, according to Industries Minister TRB Raaja.
Asserting that Mr Stalin had given a big fillip to ensure that Tamil Nadu remained at the top at India level, nay global level, the Cabinet has given its approval for the new SpaceTech policy, he said.
