From ISRO to industry: How Vikram-1's orbital success could power India's USD 100-billion space economy

Skyroot Aerospace's Vikram-1 rocket stands on the launch pad at the Satish Dhawan Space Centre in Sriharikota ahead of the Mission Aagaman test flight.

From ISRO to industry: How Vikram-1’s orbital success could power India’s USD 100-billion space economy

The government projects India’s space economy to grow from about USD 8.4 billion today to USD 40-45 billion by 2030 and USD 100 billion by 2040. Vikram-1 arrives as private companies take on a larger role in launch services and space technology.