Exploring Elon Musk’s Satellite Communication Venture in India
Credit : Futureoflife News
13.04.2024: Elon Musk, renowned for Tesla’s innovations, is eyeing a new frontier in India beyond electric cars: satellite communication. His company, Starlink, aims to revolutionize India’s telecom sector with futuristic technology.
During his meeting with Prime Minister Narendra Modi, Musk will not only discuss Tesla’s potential entry into India but also Starlink’s ambitions. However, Starlink faces hurdles, primarily the delay in obtaining a GMPCS (global mobile personal communications by satellite services) license from the Indian government.
The main issue revolves around ownership disclosures mandated by the Department for Promotion of Industry & Internal Trade (DPIIT). Musk’s SpaceX, the parent company of Starlink, has been hesitant to fully disclose shareholding details, citing US privacy laws.
The regulatory process has intensified as India tightens foreign investment policies, especially concerning border-sharing countries like China. Starlink’s stance on data storage and transfer has also been under scrutiny, although recent clarifications have eased some concerns.
Despite these challenges, Musk’s venture into satellite communication promises competition with giants like Mukesh Ambani’s Reliance Jio and Sunil Bharti Mittal’s Bharti Airtel, along with Amazon, in the burgeoning satcom sector.
Stay tuned to explore Elon Musk’s journey into Starlink’s satellite services and the evolving landscape of India’s telecom industry.
– From – News 18