Skyroot hits unicorn status, but India's private space race needs clearer skies
Published on: May 7, 2026, 11:17 p.m. | Source: The Economic Times
Hyderabad's Skyroot Aerospace has become India's first space launch vehicle unicorn. This achievement fuels the nation's space technology sector. The company is preparing for its Vikram-1 rocket launch. This development signifies a major shift for Indian businesses. The space sector presents a significant economic opportunity. However, government decisions regarding technology transfer could impact private companies like Skyroot and Agnikul Cosmos.
