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The Satcom industry is at its nascent stage in India but has the potential to revolutionise connectivity in unconnected areas where terrestrial mobile or fiber cant reach. And the costs for consumers will come down as services become ubiquitous, translating into increased affordability and decreased satellite bandwidth costs.
India is at the cusp of being a highly potential market for increased use of satellite communication which can potentially attract billions of dollars as FDI and generate millions of jobs. The sector awaits the right launch pad.