What Happened
New Dawn in India's Space Sector with Private Players
India’s space sector is experiencing a new dawn with the emergence of private players. The government’s decision to open the space sector to non-governmental entities has led to the establishment of over 400 startups, with private investment crossing $618 million. IN-SPACe, the autonomous regulatory body, has issued 108 authorisations to private companies. Skyroot Aerospace’s successful launch of Vikram-1, India’s first private orbital rocket, marks a significant milestone in the country’s commercial space ambitions. This development was first reported by an unknown source.