India set for fastest satellite communication rollout, driven by new satcom policy advancements

India is on the brink of the fastest satellite communication rollout globally, driven by significant advancements in its satcom policy.
Communications Minister Jyotiraditya Scindia emphasized that this rollout will enhance connectivity, especially in remote areas, complementing existing terrestrial broadband services.
According to TRAI's recommendations, the allocation of satellite communication spectrum will be done at a fee of 4% of a company's adjusted gross revenue (AGR).
This policy shift has prompted multiple firms, including Starlink, to apply for licenses, indicating a robust interest in the sector.
The potential growth of the satellite communication market is substantial, with estimates suggesting an increase from $2.3 billion to $20 billion by 2028.
The government's proactive approach aims to bridge the digital divide in underserved regions, ensuring that satellite communications play a pivotal role in enhancing connectivity across the nation.

India is set to achieve the world's fastest satellite communication rollout, fueled by new policy advancements and TRAI's spectrum allocation recommendations. This initiative could elevate the sector's value from $2.3 billion to $20 billion by 2028, with multiple firms, including Starlink, applying for licenses.