What Happened
Historic Milestone For Indian Space Industry
India has successfully launched its first privately developed orbital rocket, marking a historic milestone for the country’s commercial space industry. The Vikram-1 launch vehicle, developed by Skyroot Aerospace, placed six payloads into a 450km low Earth orbit, making India the third country to have a private company successfully develop and launch an orbital rocket. The achievement is seen as a significant step towards expanding India’s presence in the global space market, with the government aiming to grow the country’s space economy from $8 billion to $44 billion by 2033. This development was first reported by The Independent UK.