Amazon Joins Elon Musk's SpaceX, Mukesh Ambani's Jio In Vying For A Piece Of India's Burgeoning Satellite Internet Market
Portfolio Pulse from Shomik Sen Bhattacharjee
Amazon.com Inc. (NASDAQ:AMZN) is reportedly seeking approval from the Indian National Space Promotion and Authorization Centre (IN-SPACe) to introduce broadband-from-space services in India. If approved, Amazon would join key players such as Elon Musk's Starlink, Bharti Airtel-backed Oneweb, and Reliance Industries' Jio Satellite in the Indian satellite communications market. Amazon Web Services (AWS) India Private Limited announced a strategic partnership with ISRO and IN-SPACe last month to provide advanced cloud technologies to space startups, research institutions, and students.
October 10, 2023 | 6:39 am
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Amazon's entry into the Indian satellite communications market could potentially increase its global market share and diversify its revenue streams.
Amazon's entry into the Indian satellite communications market, if approved, could potentially increase its global market share and diversify its revenue streams. The company's strategic partnership with ISRO and IN-SPACe also indicates its commitment to expanding its presence in the space sector.
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