Madhya Pradesh SpaceTech Policy 2026
The Madhya Pradesh SpaceTech Policy 2026 is a comprehensive framework designed to attract ₹900 crore in investments and support the space ecosystem. It offers a 40% capital subsidy up to ₹15,000 lakhs for infrastructure, a 1.5x focus sector multiplier, and extensive grants for startups, R&D, and skill development. The policy is operative for a period of 10 years from its notification.
Key Summary
- Ministry / Authority
- Department of Science & Technology, Government of Madhya Pradesh
- Incentive Type
- Composite state package (capital subsidy + startup grants + R&D support + focus sector multipliers + customized mega packages)
- Incentive Rate
- Capital subsidy up to 40% of investment (capped at ₹15,000 lakhs); 1.5x focus sector multiplier; Idea-to-Prototype grant up to ₹75 lakhs; Technology acquisition support up to ₹100 lakhs; DLI up to ₹50 lakhs; 100% stamp duty exemption; Land rebate; Skilling stipend of ₹10,000/month
- Min. Investment
- ₹10 Cr
- Application Deadline
- Open
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