News Brief
Indian Satellite Communication Market Expected To Triple To $14.8 Billion By 2033: Telecom Minister Scindia
Telecom Minister Jyotiraditya Scindia
Underscoring the economic and strategic potential of the satellite communication (SATCOM) sector, Telecom Minister Jyotiraditya Scindia has projected that the Indian SATCOM market, valued at $4.3 billion in 2024, is expected to triple to $14.8 billion by 2033.
Scindia on Wednesday (8 October) inaugurated the Satcom Summit on “Space Networks for Universal Connectivity” at the India Mobile Congress 2025.
Addressing the gathering, Scindia highlighted that under the leadership of the Prime Minister Narendra Modi, India has become a pace-setter in global digital transformation, connecting 99.9 per cent of India’s population through 4.8 lakh 5G towers in just 20 months — the fastest rollout in the world.
The minister underlined that SATCOM will now extend the promise of digital inclusion to the remotest corners of the nation.
"SATCOM is no longer a luxury; it is a right — a form of justice in the digital era,” he said, adding that it will empower farmers, fishermen, doctors, and students across geographies previously beyond the reach of terrestrial networks.
Outlining policy reforms that have catalysed the sector, the Minister said that India has introduced administrative allocation of satellite spectrum in line with international best practices, ensuring regulatory harmony and equitable spectrum sharing.
With bold policy reforms and a commitment to innovation, India is poised to lead the world in satellite communications, ensuring universal connectivity and empowering every Indian, regardless of their geographic location, the minister underlined.
He also announced a Rs 900 crore National SATCOM Monitoring Facility, which will safeguard spectrum assets and strengthen India’s satellite gateways.
The minister called for a coordinated, milestone-driven SATCOM programme uniting government, industry, startups, academia, and international partners.
"In the great symphony of progress, India will not be a silent listener. India will be the conductor, leading the orchestra of global innovation — composing the melody of opportunity," Scindia said.
