Both companies are setting up integration and testing facilities in Thoothukudi, under MoUs signed at the Vetri Tamil Nadu Investment Conclave 2026, the maiden conclave of  Chief Minster C Joseph Vijay-led TVK government.
Agnikul Cosmos will invest Rs 400 crore and create 1,500 jobs, setting up assembly and integration operations for its reusable, liquid-propelled launch vehicles.
Skyroot Aerospace will invest ₹250 crore and create 500 jobs, setting up storage, assembly, integration and testing facilities.
Both companies, founded within the last decade by ex-ISRO engineers, are widely regarded as front-runners of India’s private space sector and have already conducted successful sub-orbital test launches. Their decision to anchor operations in Thoothukudi builds on the district’s growing maritime and industrial ecosystem.