Question
What is the projected value of India’s SATCOM market
by the year 2033?Solution
India’s SATCOM (Satellite Communication) market, valued at $4.3 billion in 2024, is projected to grow to $14.8 billion by 2033. The growth is backed by major reforms like spectrum allocation, licensing for private players like OneWeb, Jio Satellite, and infrastructure investments, including a ₹900 crore SATCOM Monitoring Facility.
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