In a strategic move aimed at accelerating innovation-led industrial growth, Tamil Nadu Industrial Development Corporation (TIDCO) has announced an investment of ₹25 crore each in two emerging startups — spacetech company Agnikul Cosmos and electric vehicle (EV) manufacturer Raptee. This initiative reflects the state’s growing commitment to fostering deep-tech and next-generation mobility solutions while strengthening its position as a leading startup hub in India.
The investment comes at a time when both the space technology and electric mobility sectors are witnessing rapid transformation, driven by policy support, private sector participation, and increasing global demand for sustainable
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