MetaverseIndian Government in Metaverse demonstrated its support for emerging tech during the launch of key policies.

The Government of Telangana has launched the Space Technology Framework with the vision of establishing the state as a globally recognized one-stop destination for space technology. The Indian Government in Metaverse aims to encourage private participation in the space industry in line with recent reforms by the federal government. Minister KTR has officially launched the Telangana Government's Space Technology Framework to support the involvement of private companies in the SpaceTech sector.

Recognizing that space technology is the state's next priority, the Indian Government in Metaverse will support future innovations through national reforms that support increased participation of the private sector in the space technology industry.

The Indian Government in Metaverse has seen some foreign private companies surprise the world with technological advances in the past, but we know that most of them are backed by talented Indian scientists and engineers. But now is the time for the technology developed by the Indians to be built domestically and exported worldwide. It's time to make a bigger investment in the space industry, which is expected to grow to $ 558 billion by 2026. This event was held in the Metaverse and became the first official event in India.

The space-themed Metaverse environment was custom-developed with custom avatars for key dignitaries at the launch event. Participants attended the event using the default avatars on the platform and interacted with nearby participants while simultaneously watching the event unfold like a physical event.

Amitabh Kant, CEO, NITI Aayog, Somanas S, Chairman, ISRO, and Ph.D. Pawan Goenka, Chair of INSPACe, attended the event. At the end of the event, the Indian Government in Metaverse, NFT collection was unveiled and the proceeds from the proceeds were used to support one of the state government's technology-enabled social projects.