What Happened
Private Companies Launch Rockets Amid Growing Demand
India’s private space sector is experiencing rapid growth, with several companies launching rockets and working on launch vehicles and rocket engines. Skyroot Aerospace recently launched India’s first private rocket, marking a significant milestone for the industry. Other companies, such as Astrobase Space Technologies and Agnikul Cosmos, are also making progress in the sector. According to the Indian Space Association, the downstream segment of the space economy contributes around 80% to the $9 billion Indian space economy. This growth is expected to continue, with India aiming to have 5,000 satellites in orbit within 10 years. The article was first reported by Unknown Source.