India's Private Space Launch Shows State-Guided Commercial Model

Skyroot Aerospace launched Vikram-S on November 18, 2022, under India's new IN-SPACe framework—a regulator created to oversee private space companies. The mission was India's first privately built rocket launch, granting companies access to government facilities while keeping state control intact. This approach balances private innovation with strategic oversight, a model other liberalizing nations may adopt.