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India Targets $14.8 Billion Satcom Market by 2033, Announces Rs 900 Crore Monitoring Facility

Licences and a decadal plan signal a PPP‑driven bid to cut foreign reliance and scale domestic satellite capacity.

Overview

  • At the IMC 2025 Satcom Summit in New Delhi, Telecom Minister Jyotiraditya Scindia said the Indian satcom market is projected to grow from $4.3 billion in 2024 to $14.8 billion by 2033.
  • The government announced a Rs 900 crore National SATCOM Monitoring Facility to protect spectrum assets and strengthen satellite gateways.
  • Authorities have issued GMPCS licences to OneWeb and Jio Satellite and given Starlink a Letter of Intent, positioning major NGSO players for service rollout.
  • Officials highlighted public‑private partnerships, support for non‑geostationary systems and multi‑orbit services, with Starlink and Viasat executives welcoming the policy direction.
  • IN‑SPACe’s Decadal Vision targets a $44 billion space economy by 2033 with about $14.9 billion from satcom, backed by steps such as a new inter‑ministerial Joint Working Group, GSaaS facilitation and allowing NGEs to use unused ISRO ITU filings, responding to current heavy dependence on foreign capacity.