PM Modi hails Indian milestones in low-cost space tech
Hailing the stupendous achievement by the private sector in launching the 'Vikram S' satellite, Prime Minister Narendra Modi said that now India is recognized for its low-cost international space standard technology.
"On the 18th of November, the whole country witnessed new history being made in the space sector. On this day, India sent its first rocket into space, which was designed and prepared by the private sector of India. The name of this rocket is - 'Vikram S'," said PM Modi.
"Vikram S Rocket is equipped with many features. As compared to others it is lighter and cheaper. The development cost is substantially lesser than that of other countries. India is now recognized for its low-cost international space standard technology.
He also said that name 'Prarambh' aptly suits the launch of the 'Vikram-S' mission- as this is the start of private sector participation in the space sector and creating new opportunities for the youth.
Vikram-S, India's first-ever privately developed rocket successfully lifted off from the Sriharikota spaceport on November 18.
The 'Prarambh' mission and the Vikram-S rocket have been developed by Skyroot Aerospace start-up in Hyderabad with support from ISRO and IN-SPACe (Indian National Space Promotion and Authorisation Centre).