Prime Minister Narendra Modi: PM Modi unveils India’s first private orbital rocket, Vikram-I, and opens Skyroot’s Infinity Campus in Hyderabad
Prime Minister Narendra Modi: On Thursday, Indian space startup Skyroot’s Infinity Campus in Hyderabad was officially opened by Prime Minister Narendra Modi via video conference.
Additionally, PM Modi revealed Vikram-I, Skyroot’s first orbital rocket that can send satellites into space. With a capability to construct one orbital rocket per month, the cutting-edge facility will feature around 200,000 square feet of workspace for the design, development, integration, and testing of several launch vehicles.
Bharath Dhaka and Pawan Chandana, both Indian Institutes of Technology alums and former ISRO scientists who are now entrepreneurs, formed Skyroot, the country’s top private space enterprise. According to a PMO news release, Skyroot became the first private Indian business to send a rocket into space when it launched its suborbital rocket, Vikram-S, in November 2022.
This is seen as a step toward India becoming a space power on a global scale.
With the virtual opening of Safran Aircraft Engine Services’ new Maintenance, Repair, and Overhaul (MRO) facility in Hyderabad earlier on Wednesday, Prime Minister Modi celebrated the expansion of India’s aviation industry at a “unprecedented pace.”
PM Modi encouraged investors to join India as co-creators of a developed India, saying that the country is thinking big, doing bigger, and delivering the best.
The Prime Minister, who participated in the event by video conference, said that India’s standing as a worldwide center for MRO will be reinforced by the construction of Safran’s biggest Indian Engine Maintenance, Repair, and Overhaul (MRO) facility at the GMR Aerospace and Industrial Park.
According to PM Modi, the facility would “create opportunities for the youths in the world of high-tech space” and represents a major milestone in India’s ambitions to localize high-value aviation services.
“India’s aviation industry has developed at a never-before-seen rate in recent years. India’s domestic aviation sector is now one of the fastest-growing in the world. We now have the third-largest domestic market in the world. “The Indian people’s dreams are reaching the stars,” Prime Minister Modi said.
With “85 per cent MRO work done on foreign land,” PM Modi pointed out that India has previously relied on foreign facilities, leading to expensive prices and protracted aircraft grounding times. According to him, the administration is now trying to make things better.