Elon musk starlink to enter India as two billionaires are in common

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Indian Prime Minister Narendra Modi meets with Elon Musk in New York on June 2023, 2023.

Indian Press Information Bureau | Anadolu Agency | Getty pictures

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The great story

Elon Musk works ruthlessly to go to the Pro-Lucing Market, emphasized Meeting with Prime Minister Narendra ModAs I approved CNBC, in Washington, DC, last month.

During this meeting, Musk reiterated the benefits of expanding the world’s most populous Internet, according to the sources in the room. India Telekom – Reliance’s Jio and Airtel appeared to work on the two dominant players with two dominants with two dominants and the Starlink Internet services in India.

Musk spoke to Modi on spatials and satellites before. Why was India why was the recipe around this time?

Sources near the new Delhi have strongly promoted the influential role in the White House that the Indian government has encouraged a starlink deal.

As we Reported last weekTrade talks between US and Indian officials did not result in a progress with Trump The United States will receive India’s reciprocal tariffs Starting from April 2 according to internal media.

India and the USA Stay in trade talks, two starlink deals are seen as a great gain for musk.

The richest person in the world will get access to an incredibly important, mobile savvy consumer market in recent years.

Moreover, Musk is a partner than compete with Reliance’s Jio and Bharti Airtel, which dominates the Booming Telecom market in India. It also offers a unique opportunity to work with Musk, Rival Telecom Major and strong Industrial billionaires: Mukesh Ambani and Sunil Mittal. The two are very respectful and prestigious magnon.

“Space, Defense and India are the biggest opportunities for any company in the world. At the same time, the American Power Projection in the World’s Most Disciplinary Region, An International Defense Company, Ancient Technologig company, ANALUND TECHNOLOGING.

Possible ‘New Dawn’ for US companies in India

One of the biggest problems of foreign companies divactered in India is the lack of protectionist policy of local opponents, stiff competition and India as an outsider. Including US companies Meta, Diamatic and Amazon They fell to the share of difficulties in the ground.

“India has historically became a very difficult market for our company companies, but it can be a new dawn,” he said.

The opportunity is great. I recently had a few months ago traveling in different regions of India, and I was surprised by limited access to the Internet in smaller cities.

Starlink, who uses low ground orbit satellites, can be useful in the country where there are no cities and the country’s entrance to the entrance to the Internet.

“(Starlink) should provide a large impetus in the village and remote areas, especially in the traditional telecom networks.

Neil Shah, Neil Shah, Starlah, Jio and Airtel, said that the Internet in India, which does not connect to the Internet and the cost of telecom infrastructure is expensive. Jio and Airtel will then name local customers on behalf of Starlink, selling the equipment needed to manage high-speed Internet.

The connection may occur

But the difficulties are waiting.

To be officially, Starlink still needs to get several regulatory barriers and get a communication license that the Indian government is currently currently reviewing.

While a partnership promising ambani and mittal sounds, the mechanics behind the Starlink deal bought a few questions.

Both Jio and Airtel will give up initial plans with Europe for one Will companies provide satellite Internet services in India? Last year, Reliance’s Internet goal was a joint venture in Luxembourg to use the Internet goal Jio, Luxembourg in India. Airtel, there is an existing union with EUTSATEWeb.

Starlink, satellites usually require landscape and according to Citi analysts, can be more easily affected by air disorders with air disorders.

“We will be more appropriate to have satellite networks and satellites in place of location networks in terms of coverage networks,” said Citi analysts.

Starlink is also located in a market in a price sensitive to price as India, especially in rural areas where revenues are often low, especially in a more favorable market.

“Although many people have the opportunity to close it on the Internet, the price will protest the ability of Starlink to the scale,” he said.

The United States is currently $ 110 for users in the cheapest WiFi package for individuals in India.

Industrial experts say local governments will be under pressure to ensure incentives and subsidies to make broadband access more favorable. This is the fact that the new Indian billionaire friends can provide the leadership of the management.

Gardens of Gardens to President Trump to President Trump, Green Light to enter India, but the success of the satellite space company sat in two strong Indian partners and the price.

You should know

The enterprise in India revitalizes the capital market. General investments in the country’s start stage reached $ 13.7 billion in 2024According to a report by Bain & Company, the 40% increase since the previous year. The number of transactions increased by 45% in 2024, 45% compared to 880 a year ago. This is the second largest market in India in the Asia-Pacific Ocean. Consumer technology sector, such as traditional ones, even traditional ones and retail sales have attracted the most investment in experienced growth.

Amazon is It was reported to have something Plans to list India’s unit. The United States has started meeting with JPMorgan and Investment Banks in India, including sources, covering an Indian publication covering the sources. Spinning the unit of India Instead of acting as an intermediary between buyers and sellers of Amazon, it will allow you to keep an inventory in the country.

India and New Zealand will start negotiations in the free trade agreement. On Tuesday, New Zealand Economic Forum, New Zealand’s Prime Minister Christopher Leakson, said it is open to strengthening economic relations with India and He is looking forward to signing a trade agreement for 60 days. Trade between the two countries is currently estimated at $ 1.75 billion and increased 10 times in the next 20-25 years, and India’s Minister of Commerce and Industry Preduced from Ghazal.

See India and Malaysia to expand bilateral economic ties. The Minister of Trade and Industry and Information Technologies of the South Asian nation met with the Deputy Minister of Commerce and Industry on Tuesday, the Minister of Commerce and Industry. Opportunities were discussed at the meeting for trade and trade ministers Deepen cooperation in the field of semiconductor production Also increase bilateral trade.

Wholesale prices fall in India. The wholesale price index of February was 2.38%In the writer, exceeded 2.31%, according to the Indian government, Monday was published. The price of plant oil was 33.59% of spikes to reopen wholesale prices. The consumer price index of the country, which on March 12, said that in February, there was a 3.61% increase in February.

What happened in the markets?

Indian stocks for four straight sessions during the week were in a positive area Oily 50 Index rises 0.68% in local time 12 hours.

The income of the 10-year-old Indian government bond is up to 6,7443%.

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This week, Adrian Zuercher, UBS Global Wealth Management, said that India remains “one of the best structural stories in Asia. This is a potentially difficult year to share the country’s economic growth and the capital of the stock market in 2025, the capital and the capital of investors in China. Indian stocks are now assessed more reasonable And for investors, “more reverse offer”, added Zuercher.

Meanwhile, in a separate interview, Vikas Pershad, Vikas Pershad, the company has strengthened the opinion of Zuercher, who said that the company is still “Very constructive in India. “Great lid Indian reserves are not only in terms of price, but also to the country’s long-term growth story,” It is very intact “,” Azerbaijan’s economic growth cannot expand until expected.

What happens next week?

On Monday, the factories and services between global trade confusion sees a release of investors for the index of buyers managers.

March 21: Inflation rate for Japan February

March 24: Flash for HSBC PMI for March, the US S & P PMI for the U.S. s & P PMI for March, the European HCOB PMI Flash, England S & P Global PMI, Japanese Jibun PMI for March

March 25: The US Consumer Council Consumer Trust

March 26: British inflation level for February

March 27: US fourth quarter GDP, final figures

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