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10 Feb 2024

Global Satellite Industry Targets Indian Market

The global satellite industry, valued between $270-300 billion, f[ocuses on India's expanding space economy](https://telecom.economictimes.indiatimes.com/satcom/?utm_source=header_logo&utm_medium=newsDetail&action=profile_completion&utm_source=Mailer&utm_medium=newsletter&utm_campaign=ettelecom_fullstack_2024-02-03&em=cGFicmlxODFAZ21haWwuY29t), projected to reach $13 billion by 2025. Major players including OneWeb, Starlink, and [Project Kuiper](https://www.aboutamazon.com/what-we-do/devices-services/project-kuiper) are targeting this nascent market. India's robust ecosystem supports numerous applications spanning agriculture, health, and financial inclusion, offering significant opportunities for satellite technology advancement and application development.