Space Park ▪ Tamil Nadu Industrial Development Corporation Limited (TIDCO) is developing a Space Park near Kulasekarapattinam in Thoothukudi. ▪ TIDCO has recently signed a memorandum of understanding (MoU) with IN-SPACe to establish a space industrial and propellants park and a Centre of Excellence (CoE). About IN-SPACe ✓ Formation - June 2020 ✓ A single-window nodal agency. ✓ Aim – To boost the private space sector economy in India. Note ✓ ISRO is establishing a second spaceport at Kulasekarapattinam.
