What happened

Skyroot Aerospace launched Vikram-1, India’s first privately developed orbital launch vehicle, from the Satish Dhawan Space Centre, Sriharikota. The mission placed the vehicle into its designated Low Earth Orbit and was described by the Union government as a milestone for India’s commercial space capability.

The launch was presented as the first orbital launch by a private Indian company from Indian soil. The government linked the achievement to the opening of the space sector to private participation and to the growing role of the Department of Space, the Indian Space Research Organisation (ISRO), and IN-SPACe in enabling private launch activity.

Background and earlier position

India’s space sector remained largely state-led for decades, with ISRO as the main public agency for launch vehicles, satellites, and launch infrastructure. The government stated that the space ecosystem changed after reforms introduced in 2020, which expanded room for private participation and commercial activity.

The official release says the reforms helped create a private launch ecosystem, more than 400 space start-ups, India’s first space unicorn, and a space economy that the government estimates at about USD 9 billion. The same release projects a national vision of expanding that economy to nearly USD 44 billion over the next decade.