Context: In this episode of the Perspective Prog. Based on 'New Era in Indian Space Sector'. 18th November, 2022 will go down in history as a significant day, marking a new era in India’s space programme. The country’s first privately developed rocket, Vikram-S was successfully launched on Friday in a sub-orbital mission from the Sriharikota spaceport. Named ‘Prarambh’, the mission marks the beginning of a private venture into the promising space launch market. The rocket has been developed by Hyderabad-based Skyroot Aerospace, a company that was started in 2018 by two former ISRO engineers. It is named after Vikram Sarabhai, the founder of India’s space programme. PM Narendra Modi hailed it as an important milestone in the journey of India’s private space industry, asserting that the accomplishment bears testimony to the immense talent of the youth. In Perspective today, we’ll analyse with eminent experts all about Mission Prarambh, the road it paves for increased private sector participation and India’s position in the global space market.