The two separate projects in Karnataka represent a multifaceted push across the aerospace and life sciences support sectors. Astrobase's manufacturing site will focus on producing indigenous propulsion tech like its Everest engine to scale launch payload capacities significantly through 2040. Bayer plans to break ground on its Bengaluru Global Capability Centre ahead of next April's Global Investors Meet to rapidly scale up corporate operations.
Key points
Former ISRO scientists are directing Astrobase's efforts to build indigenous reusable lau…: Former ISRO scientists are directing Astrobase's efforts to build indigenous reusable launch vehicles and medium-lift systems.
Astrobase plans to scale its total annual delivery capacity to 1,000 tonnes by 2040 using…: Astrobase plans to scale its total annual delivery capacity to 1,000 tonnes by 2040 using its Everest rocket engine.
Bayer's upcoming facility expands an Indian footprint that already includes 11,000 worker…: Bayer's upcoming facility expands an Indian footprint that already includes 11,000 workers across seven manufacturing plants and three engineering centres.
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Astrobase, a Bengaluru-based company developing rockets and launch vehicles, will invest Rs 500 crore to set up a manufacturing facility at the Adinarayana Hosahalli Industrial Area in Bengaluru Rural district. The project, to be established on 10 acres, will have the capacity to produce 40 rocket engines annually and is expected to generate more than 1,250 jobs.
Patil said Astrobase is developing medium-lift launch vehicles, reusable launch systems and indigenous rocket propulsion technologies. The company is led by professionals with experience in India’s space programme, including former ISRO scientists.
Astrobase has developed an indigenous rocket engine named Everest for launch vehicles capable of carrying payloads between 8 tonnes and 26 tonnes. The company aims to increase its annual payload delivery capacity to 100 tonnes by 2032 and 1,000 tonnes by 2040. Patil said the investment comes at a time of growing global demand for launch services.
Bayer will invest Rs 200 crore to establish a Global Capability Centre (GCC) in Bengaluru, creating about 220 jobs. Patil said he had held discussions with the company's leadership in Amsterdam during his…
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