In 2020, the Indian government opened its space industry to private companies, allowing them to build and launch their own rockets, a move inspired by the growth of commercial space industries in the U.S. and China. Six years later, this shift is showing promise, with Skyroot Aerospace preparing to launch its first orbital rocket.
India's decision to open its space sector to private industry is now yielding tangible results, with Skyroot Aerospace leading the charge by preparing for its first orbital rocket launch. For investors and industry professionals, this marks a critical moment to explore opportunities within India's burgeoning commercial space sector, which is positioning itself as a significant player in the global space economy.