New Delhi, Nov. 27 -- India will emerge as a global leader in the satellite launch ecosystem, Prime Minister Narendra Modi said on Thursday after virtually inaugurating the leading private space company Skyroot's Infinity Campus in Hyderabad.

He also unveiled Skyroot's first orbital rocket, Vikram-I, capable of launching satellites into orbit. The state-of-the-art facility will have around 2,00,000 square feet of workspace for designing, developing, integrating and testing multiple launch vehicles, with a capacity to build one orbital rocket every month.

The Vikram series is named after Dr Vikram Sarabhai, founder of the Indian Space Program.

Addressing the inauguration ceremony of the Indian space start-up Skyroot's Infinity Campus vi...