India’s first privately built orbital rocket took its maiden flight on Saturday, its company said, marking a significant step for the South Asian giant as it eyes a bigger slice of the global space economy. The Vikram-1 rocket, built by Skyroot Aerospace and designed to carry small satellites into low-Earth orbit, took off from the Satish Dhawan Space Centre in Sriharikota amid loud cheers. “Hello space, we have arrived!” Skyroot Aerospace said on social media. “Vikram-1’s Test Flight-1 has...