Overview
- Skyroot’s Hyderabad complex spans about 200,000 square feet and is built to design, integrate, test, and produce multiple launch vehicles with a stated capacity of one orbital rocket per month.
- The company presented Vikram-I as capable of placing satellites into orbit, marking Skyroot’s first orbital-class vehicle after its 2022 sub-orbital Vikram-S mission.
- Prime Minister Narendra Modi announced a Rs 1 lakh crore Research, Development, and Innovation Fund aimed at backing high-risk, high-impact technology projects.
- Modi said India will host the Global AI Summit in February 2026 and highlighted initiatives under the India AI Mission.
- Citing sector reforms and access to ISRO facilities, Modi noted that more than 300 space startups are now active and that global investors are increasingly looking at Indian space services.