Union Minister of State (Independent Charge) Science & Technology; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space said in Hyderabad today that “unshackling” of the Space sector by Prime Minister Shri Narendra Modi has led to StartUp boom, as a result of which, within a short span of just about four years, the number of Space StarUps has gone up from a mere single digit to over 150, with some of the earlier ones like the “Skyroot” turning into lucrative entrepreneurs.
During a visit to the newly setup facility of Skyroot in a premises of 60,000 Square Feet in Hyderabad which is possibly India’s largest rocket factory in private sector, Dr Jitendra Singh said, Skyroot is not only example of India’s superlative talent and scientific acumen but it also has message for all of us that a huge potential was lying dormant for several decades before Prime Minister Narendra Modi came and broke the taboos of the past and opened India’s Space Sector for Public Private Partnership (PPP).
