{"id":432815,"date":"2026-05-09T04:10:11","date_gmt":"2026-05-09T04:10:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/432815\/"},"modified":"2026-05-09T04:10:11","modified_gmt":"2026-05-09T04:10:11","slug":"ktr-praises-skyroot-calls-it-telanganas-innovation-success-story-hyderabad-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/432815\/","title":{"rendered":"KTR praises Skyroot, calls it Telangana\u2019s innovation success story | Hyderabad News"},"content":{"rendered":"

\"KTR Hyderabad: BRS working president KT Rama Rao<\/a> hailed the historic announcement of Skyroot Aerospace reaching $1 billion valuation and termed it a defining success story for Telangana<\/a>\u2019s industrial and innovation policies. For the first time, an Indian space-tech startup has entered the \u201cUnicorn Club,\u201d a feat KTR attributed to the robust, world-class ecosystem meticulously built in Hyderabad over the last decade. \u201cThis is a proud moment for our startup ecosystem and a testament to the boundless potential of Indian talent and ambition,\u201d KTR stated.In a statement, the former IT minister emphasised that Skyroot\u2019s journey, from its early days as an idea to becoming a global player, is a direct result of the state\u2019s vision to foster deep-tech innovation through platforms such as T-Hub. Skyroot Aerospace was among the early startups nurtured at T-Hub, one of the world\u2019s largest innovation campus. KTR noted that the \u201cphenomenal milestone\u201d achieved in such a short span serves as a blueprint for how govt-led enablement can accelerate private enterprise.\u201cIt\u2019s truly inspiring that Hyderabad-based Skyroot, incubated at T-Hub, has reached this milestone. This success belongs to the entire ecosystem we have cultivated in Telangana,\u201d he said. Acknowledging the erstwhile govt\u2019s role in their trajectory, Pawan Kumar Chandana, Co-founder and CEO of Skyroot Aerospace, highlighted the impact of the state\u2019s infrastructure and thanked KTR.\u201cT-Hub has been a great enabler in building an incredible startup ecosystem in Hyderabad for the world,\u201d Chandana said. He credited the collaborative environment and the \u201cplug-and-play\u201d nature of Telangana\u2019s innovation hubs for allowing the company to focus on complex engineering and rapid scaling.The rise of Skyroot Aerospace to unicorn status is expected to trigger a new wave of investments in the aerospace and defence sectors within the state. With Hyderabad already serving as a hub for global tech giants and defence manufacturers, this milestone solidifies the city\u2019s reputation as the \u201cStartup Capital of India\u201d for hardware and frontier technologies. As Skyroot continues to develop its Vikram series of launch vehicles, the success reinforces the importance of supporting homegrown talent that makes both the state and the nation proud on the global stage.<\/p>\n","protected":false},"excerpt":{"rendered":"Hyderabad: BRS working president KT Rama Rao hailed the historic announcement of Skyroot Aerospace reaching $1 billion valuation…\n","protected":false},"author":2,"featured_media":432816,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[202952,202956,60815,202953,202957,202961,202955,202960,6370,85,202949,38957,202954,8298,46,202946,2820,202959,202947,141,94500,145,202950,202962,3292,202948,50699,202951,202958],"class_list":["post-432815","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-1-billion-valuation","tag-aerospace-sector","tag-brs","tag-deep-tech-innovation","tag-defence-sector","tag-frontier-technologies","tag-government-led-enablement","tag-hardware-startups","tag-hyderabad","tag-il","tag-indian-space-tech-startup","tag-industrial-policy","tag-innovation-hubs","tag-investments","tag-israel","tag-kt-rama-rao","tag-ktr","tag-launch-vehicles","tag-pawan-kumar-chandana","tag-science","tag-skyroot-aerospace","tag-space","tag-space-tech-unicorn","tag-startup-capital-of-india","tag-startup-ecosystem","tag-t-hub","tag-telangana","tag-unicorn-club","tag-vikram-series"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/432815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=432815"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/432815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/432816"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=432815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=432815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=432815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}