INDIAN startup Skyroot Aerospace launches its Vikram-1 rocket from Sriharikota, Andhra Pradesh.—Reuters

SRIHARIKOTA: India’s first privately built orbital rocket took its maiden flight on Saturday, its company said, marking a significant step for the South Asian giant as it eyes a bigger slice of the global space economy.

The Vikram-1 rocket, built by Skyroot Aero­space and designed to carry small satellites into low-Earth orbit, took off from the Satish Dhawan Space Centre in Srihari­kota amid loud cheers. “Hello space, we have arrived!” Skyroot Aerospace said in a post on X.

“Vikram-1’s Test Flight-1 has completed its mission. The first ever Indian private sector launch has been successfully completed.” Vikram-1 is about as tall as a seven-storey building and capable of carrying payloads weighing up to 350 kilograms (771 pounds).

Pawan Goenka, chairman of the government’s Indian National Space Promotion and Authorisa­tion Centre, said the achievement went “way beyond expectation for the very first orbital launch ever taken by an Indian private company”.