Boosting the Space Economy: The entry of Starlink aligns with India's ambitions to grow its space economy, projected to expand from a 2% global share to 8% by 2033. Increased satellite services can stimulate economic growth by fostering innovation and creating job opportunities in the technology and telecommunications sectors.

Elon Musk's Starlink is seeking security clearance for a licence to offer satellite broadband services in India and will get a permit if it satisfies all conditions, the telecoms minister said on Tuesday.

Elon Musk has been provided with grand impetus ever since Donald Trump's victory in the 2024 US elections that came to pass on November 5. Musk has seen the fortunes of his company, Tesla, rise on the equity market.

Elon Musk's Starlink, a game-changer for internet customers in the most populous nation in the world, is expected to be the next big thing in India's telecom and internet industry. In addition to the national carrier BSNL,

The satellite communication services major is in the process of completing all the requirements and will get a licence once they complete the process, Union Telecom Minister Jyotiraditya Scindia said.

Union Telecom Minister Jyotiraditya Scindia on Tuesday said Elon Musk-owned Starlink is yet to comply with security norms, and a licence for satellite communications services will be issued only after