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BEYOND THE SKIES

Business Today

|

December 12, 2021

THE NASCENT SATELLITE COMMUNICATIONS INDUSTRY COULD PROPEL THE NEXT BIG REVOLUTION IN THE TELECOM SPACE. WHERE DOES INDIA STAND?

- MANU KAUSHIK 

BEYOND THE SKIES

2% INDIAS MARKET SHARE (AROUND $7 BILLION) IN THE GLOBAL SATELLITE INDUSTRY IN 2021

10% INDIAS ESTIMATED MARKET SHARE (OVER $50 BILLION) IN THE GLOBAL SATELLITE INDUSTRY IN 2030

IT IS POSSIBLE THAT TWO YEARS from now, you will have another dish perched on your balcony or roof—just like the now-ubiquitous DTH dish. This new dish would provide broadband connectivity not just within your house, but also outside of it through the on-ground infrastructure that will be likely connected to satellites hovering 500 km above the Earth’s surface. Welcome to the future of internet and connectivity.

Satellite communication systems have been around for some time, but a lot has changed recently. In the past three years, eight policies directly and indirectly related to satellite communications (or satcom) have been announced. Two policies—Draft Spacecom Policy 2020 and National Digital Communications Policy (NDCP) 2018— are shaping the sector in a big way. “The government is enabling an environment through a slew of draft policies, which is spawning a new industry,” says Anil Prakash, Director General, Satcom Industry Association (SIA-India).

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RIGHT ON TARGET

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TO A GOOD TIME

DISCOVER THE CRISP, CITRUSY OR BITTER WORLD OF BEER THROUGH HOMEGROWN BRANDS

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PASSING THE BATON

INDIA'S FAMILY BUSINESSES ARE REWRITING THE RULES OF SUCCESSION—ELEVATING PROFESSIONALS, BUILDING FAMILY OFFICES, AND SEPARATING LEGACY FROM MANAGEMENT

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A RARE SHIFT

AS THE SHORTAGE OF RARE-EARTH MAGNETS TURNS INTO A FULL-BLOWN CRISIS WITH CHINA'S IMPORT RESTRICTIONS, DOMESTIC PLAYERS ARE LOOKING BEYOND TO SUCCEED WITH THEIR EV PLANS

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Thematic Investing: Spotting Structural Themes Before They Become Mainstream

It's a truth well acknowledged in the markets, that extraordinary wealth is created when the investors spot a powerful theme before it captures the imagination of the crowd. To ride such a wave in its infancy, is to participate in returns—so outsized that they defy neat calculation.

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INDIA'S ETHANOL DILEMMA

INDIA ACHIEVED A 20% ETHANOL BLENDING IN PETROL THIS YEAR, FIVE YEARS AHEAD OF SCHEDULE. WHILE IT IS AN IMPORTANT STEP TOWARDS REDUCING CRUDE OIL IMPORTS, AUTO OWNERS ARE COMPLAINING ABOUT REDUCED MILEAGE AND DAMAGED ENGINES. DOES INDIA'S ETHANOL POLICY NEED A TWEAK?

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Finance Minister Nirmala Sitharaman on GST rate cuts, lessons from Covid-19, and more

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