"India now in position to lead other nations in space sector," says Union Minister Jitendra Singh

Union Minister of State for the Ministry of Science and Technology Jitendra Singh on Tuesday said that India is now in a position to lead other nations in the space sector and is no longer viewed as a country that is being led by other nations.

Union Minister Jitendra Singh on Tuesday unveiled Skyroot Aerospace's new headquarters 'MAX-Q' at GMR Aerospace and Industrial Park in Hyderabad. He is also expected to unveil the Vikram-1 Orbital Launch Vehicle.

Speaking to ANI at Skyroot Aerospace's new headquarters, Jitendra Singh said, "Today we are in a position where India is no longer seen as a country that is being led by the other countries. We are now giving leads to other countries, at least in the space sector."

When questioned if Singh sees the opportunity for the private sector in India to have the transfer of technology globally. Singh told ANI, "Absolutely, they have already embarked on that course. They are no longer going to confine themselves to only launching.The talent they have demonstrated is world-class, and their performance is world-class. we have proved to the world that we can live up to the global parameters. we can compete globally and excel globally."

Skyroot Aerospace Private Limited is an Indian private aerospace manufacturer and commercial launch service provider headquartered in Hyderabad, Telangana.

The company was founded by former engineers and scientists from ISRO. It aims to develop and launch its own series of expandable small-lift launch vehicles especially crafted for the small satellite market.

Incubated in T-Hub and supported by T-Works, Skyroot Aerospace is India's first rocket-launching private company. Skyroot Aerospace was formed in July 2018 by former ISRO scientists Pawan Kumar Chandana, and Naga Bharath Daka.

They envision a future where spaceflight is as regular, reliable, and affordable as air flight and is based in Hyderabad, India. (ANI)

Catch the latest stock market updates here. For all other news related to business, politics, tech, sports, and auto, visit Zeebiz.com.