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Skyroot Aerospace Thanks PM Modi for Recognition in Parliament, Reinforces Commitment to Build Space Technology in India

Jul 20
4 min read

India's private space sector received another moment of national recognition as Prime Minister Narendra Modi acknowledged the achievements of Skyroot Aerospace during his address at the commencement of the Monsoon Session of Parliament. The Hyderabad-based startup, which recently made history with the successful launch of Vikram-1, India's first privately developed orbital launch vehicle, thanked the Prime Minister for recognising the efforts of its team and reaffirmed its commitment to building advanced space technology in India for the global market.


The recognition is being viewed as a significant milestone not only for Skyroot Aerospace but also for India's rapidly growing private space industry, which has gained momentum following policy reforms that encouraged greater participation from private enterprises. The company's achievement underscores the country's expanding capabilities in commercial space technology and reflects India's ambition to emerge as a leading player in the global space economy.


Skyroot thanks PM Modi after Parliament mention, says recognition honours young engineers | Moneycontrol
Skyroot thanks PM Modi after Parliament mention, says recognition honours young engineers | Moneycontrol

Prime Minister Modi Recognises India's New Space Pioneers

Addressing the nation ahead of the Monsoon Session of Parliament, Prime Minister Narendra Modi highlighted the accomplishments of India's young innovators and entrepreneurs. Referring to the success of Skyroot Aerospace, he said the company's achievement symbolises the confidence that India has placed in its youth and demonstrates the remarkable potential of the country's emerging startup ecosystem.


The Prime Minister also recalled the government's decision to open the space sector to private participation, noting that such reforms have enabled Indian companies to compete globally in one of the world's most advanced industries. He described the success of Skyroot as a reflection of India's technological progress and the growing contribution of private enterprises to national development.


Skyroot Expresses Gratitude and Reaffirms Its Vision

Following the Prime Minister's remarks, Skyroot Aerospace thanked him through a public message, expressing gratitude for recognising the efforts of its engineers and scientists in Parliament. The company stated that the acknowledgement serves as an inspiration for its young workforce and strengthens its resolve to continue developing world-class space technologies from India.


Skyroot reiterated its vision of building innovative launch systems capable of serving customers across the globe while contributing to India's growing reputation as a reliable space technology hub. The company emphasised that its mission remains focused on making access to space more affordable, efficient, and accessible through indigenous innovation and engineering excellence.


Vikram-1 Marks a Historic Achievement

Skyroot Aerospace recently achieved a major breakthrough with the successful launch of Mission Aagaman, powered by its Vikram-1 launch vehicle. The mission marked the first time an Indian private company successfully placed satellites into orbit using an indigenously developed orbital rocket.


The four-stage launch vehicle successfully deployed multiple payloads into Low-Earth Orbit, demonstrating the technological maturity of India's private aerospace industry. The mission represents years of research, testing, and engineering, positioning Skyroot among a select group of private companies worldwide that have independently developed orbital launch capabilities.


The success of Vikram-1 is expected to strengthen confidence among domestic and international satellite operators looking for reliable launch services while further enhancing India's standing in the rapidly expanding global commercial space market.


The Journey of Skyroot Aerospace

Founded in 2018 by former ISRO scientists Pawan Kumar Chandana and Naga Bharath Daka, Skyroot Aerospace was established with the objective of making satellite launches more affordable, flexible, and accessible. Since its inception, the company has focused on developing cutting-edge launch vehicles tailored to the growing demand for small satellite missions.


The company's journey gained international attention in 2022 with the launch of Vikram-S, India's first privately built sub-orbital rocket. That successful mission validated several critical technologies and laid the foundation for the development of Vikram-1. Over the years, Skyroot has continued to expand its capabilities in propulsion systems, advanced materials, and launch vehicle design, establishing itself as one of India's leading space technology startups.


India's Private Space Revolution

India's space sector has witnessed remarkable transformation since the government introduced reforms allowing greater private participation. The establishment of the Indian National Space Promotion and Authorization Centre (IN-SPACe) created a regulatory framework that enabled startups and private companies to access ISRO's infrastructure, testing facilities, and technical expertise.


These reforms have encouraged significant investment in India's space ecosystem, leading to the emergence of hundreds of startups working across satellite manufacturing, launch services, Earth observation, communication technologies, propulsion systems, and space research. The growing collaboration between government institutions and private enterprises has accelerated innovation while strengthening India's competitiveness in the global space industry.


Industry experts believe that increasing private participation will play an important role in helping India achieve its long-term objective of expanding its share in the international space economy, which is expected to witness substantial growth over the coming decade.


Building India's Global Space Presence

The success of Skyroot Aerospace represents more than the achievement of a single startup; it reflects the growing confidence of Indian entrepreneurs in developing advanced technologies capable of competing internationally. As demand for satellite launches continues to rise across sectors such as telecommunications, Earth observation, navigation, climate monitoring, and scientific research, Indian companies are positioning themselves to serve both domestic and global markets.


Skyroot has already announced plans to continue developing more advanced launch vehicles with higher payload capacities and improved mission flexibility. The company is also investing in next-generation propulsion technologies and reusable launch systems that could further reduce the cost of accessing space.


With continued technological innovation, increasing private investment, and supportive policy initiatives, India's commercial space sector is steadily emerging as an important contributor to the nation's economic growth and scientific advancement.


The MGMM Outlook 

Prime Minister Narendra Modi's recognition of Skyroot Aerospace in Parliament reflects the growing strength of India's private space ecosystem and the success of reforms that have opened the sector to innovation. The achievement of Vikram-1 is not only a milestone for a single startup but also a testament to India's ability to nurture world-class technology through collaboration between government institutions and private enterprises. As more Indian startups enter the space sector, the country is steadily building a competitive and self-reliant aerospace industry capable of serving global markets.


Skyroot's journey from a young startup founded by former ISRO scientists to successfully launching India's first privately developed orbital rocket highlights the immense potential of Indian talent and indigenous innovation. With continued policy support, investments in advanced technologies, and a rapidly expanding commercial space ecosystem, India is well positioned to become a major force in the global space economy while strengthening its reputation as a trusted hub for cutting-edge space technology.



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