Interestingly that's $5 million less than the the movie Interstellar cost to make.
No point, just perspective.
From what I know, its partially because of how taxation structures incentivize research as R&D tax breaks or similar don't particularly exist in India
All of this makes founders more likely to move abroad where such research is more valued which makes even less Indian deep tech startups and successes exist. This creates a vicious cycle.
I would also consider that Indian VC scene as compared to America undervalues quite decently even for B2B or even supposing identical companies and even then, Sequoia and some other American VC firms are still the most valued and I feel as if that given their expertise and contacts (other companies that the VC's have invested in being in America), there would be a slight push towards Europe/America in general. Another argument could very well be that in India CS engineer labour costs much less which is honestly some of the largest expertise for any company.
Though Indian VC scene is thriving and Bangalore is interesting but still Silicon valley is different.
There was a blog post which talked about VC dynamics and VC's value your product not on how much the real value they really see in the project is but rather on how much money you would require. So ironically, projects which require larger budgets/funds for researching, larger salaries to work would then have larger valuations.
I guess Eastern Europe is a bit similar (in the fact that it had a brain drain; although maybe less so since my country joined the EU), but also have a unique challenges, i.e., the EU market is fragmented and the companies need to break into a market by market.
Can they compete with reusable American rockets for $/kg by just building disposable but very cheap rockets?
After all, plenty of other disposable things have outcompeted non disposable versions... Diapers... Pens... Lighters... Vapes...
I'm no expert, but I suspect that even if you apply a generous discount for being in India, Skyroot's economics are still quite impressive.
Edits: clarity
I am unsure about private salaries but in govt. jobs, because it follows a rigid structure, the salary is still lower than what you might expect and is around the mark of 20-25 thousand dollars per year. It's similar to administrative services or depending on the position, equal to teachers/professors .
I have heard my cousin say that its hard for people to move outside because for example SpaceX/NASA couldn't hire non-American person because of laws and regulations due to security purposes.
From what I know, my cousin actually got some job offers when he had gone to give a speech recently from Management companies
20-25k$ in India isn't bad but strictly speaking, Computer science earns comparable in India at the same level.
The value of the job is mostly in govt rather than private and the benefit of it is that the work is much less stressful rather than private companies stress and just like how NASA has some prestige attached to it in America, same way goes for ISRO in India.
I think so, but I can only say it about my cousin to whom this field of line was suggested by one of my uncles was that the most major prospect of a government job.
Within India, there is a very strong prestige surrounding govt. jobs, like a lot.
The cousin whom I am referring to actually even studied and gave some exams after becoming a rocket scientist to get into a sub part of civil services just on the side (to get even better salary), I am unsure if this is an Indian specific phenomenon or not, but the prospect of the govt job for most people is the combination of comfort,prestige etc.
The prestige of the govt job is so much to many people that another person I know has spent 7 years solely dedicated towards getting to a govt. job and they still sadly don't have it but they are close to getting it :-( and they denied one of the most prestigious private institutions just for the effort to study solely for govt. job (though they are from civil engineering background), they would've completed their degree by now and atleast gotten a package close to the cousin working in rocket science itself.
My cousin actually wanted to go into computer science, I was in 4th or 5th grade back then and little me was already arguing that he should go rather to the CS college because of my love to computers ;) ,but my cousins really happy now so its all fair and in all fairness he and everyone thinks it was a decent decision.
Back during the process of his college and eventually going to ISRO, it wasn't that well known, but then two missions made it really have a spotlight it was before there were movies and the national fame and recognition that it got, before that nobody knew too much of ISRO but then suddenly literally everyone knew what ISRO :)
Also, the papers regarding ISRO if going through the college route is the JEE Mains/Advanced exam. Based on my personal observation, it is like the gakao exam and its a really really soul-sucking exam :-(
Most people who actually top that exam leave the nation anyway and the most focus is on the IIT or rather on prestige rather than passion. It sucks a little because Computer science is treated as prestige rather than passion which hurts people like me who are passionate getting grinded into dust :-(
Indian society and gatherings really feel very prestige/respect focused in many areas to me, though I am not sure if its an Indian phenomenon or not. Respect/comfort/stability seems to mean a lot more in my opinion
I wouldn't be too sure about the immigration part, when even a software engineer hire for a defence/defence adjacent job requires jumping through a number of bureaucratic hoops of security clearances. Even the companies with deep pockets don't always get the best people in the world -- they just get the best people that HR can actually hire.
Also, there are plenty of space companies that aren't in the US/UK/China who are hiring (and more willing to work with non-domestic employees since they're playing catch-up), and plenty of companies in US/UK/China who employ contractors that aren't subject to the same hiring restrictions as the first-party/defense-contracted company.
There are a lot more specialized/high-expertise roles here than the ones critical to a nation's space program (or fungible with making weapons). Random examples off the top of my head include crew/life support expertise, launch facility engineering, LEO consumer telecommunications, and more. Space hasn't been fully commodified/detached from government interests--not by a long suborbital burn--but it's moving that direction enough to thaw out the ability to immigrate for work a bit.
Consider how many rocket development efforts squandered 10X to 100X the money, and >8 years, without making it to orbit.
Using solid fuel for their first 3 stages also makes it far easier. I'd take that as evidence of their management wisely picking a good shape for the org's learning curve. Vs. chasing the long-odds bragging rights & likely heartbreaks of a liquid-fuels-only version 1.0.
SpaceX might fail for any number of reasons in the next ten years, but I would bet a lot of money that it won't be because they got outcompeted by Skyroot.