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Business Summary

Andhra inks 9 MoUs for Rs 4,100 cr space push

Visakhapatnam: Engines in Sri Sathya Sai, satellites in Vizag, missiles in Nellore - Andhra Pradesh has set out a space-and-defence map to woo investors with curated incentives.At the…

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Andhra inks 9 MoUs for Rs 4,100 cr space push
Andhra inks 9 MoUs for Rs 4,100 cr space push — image via Economic Times — Credit: Economic Times

Attributed summary

Visakhapatnam: Engines in Sri Sathya Sai, satellites in Vizag, missiles in Nellore - Andhra Pradesh has set out a space-and-defence map to woo investors with curated incentives.At the 31st CII Partnership Summit in Visakhapatnam on 12-13 November 2026, the Andhra Pradesh Economic Development Board signed nine MoUs covering rocket engines and test beds, satellites, missiles, explosives, aerospace manufacturing, flight training and heliports. Eight of them propose investments totalling Rs 4,100…

Read the original report — Economic Times

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