Indian firm Skyroot Aerospace unveiled what is the country's first privately designed and developed orbital-class rocket. Named 'Vikram-1', this rocket is expected to perform its maiden flight to space in the first quarter of 2024. This is a milestone for the country's fledgling space sector, that has seen significant growth over the last three years, following the roll-out of Space-sector reforms by the Indian Government. The reforms enabled private firms to design, develop, build and launch their own rockets, satellites and offer allied services. The Indian Space sector has always been dominated by the Indian Government-run ISRO and is expected to remain so for the foreseeable future. However, the mushrooming of startups is expected to improve the spread and size of the Indian space economy.