Starlinka Elon Musk to enter India when she cooperates with two billionaires

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Elon Musk works tirelessly to break into the profitable India market and he emphasized that during it emphasized during His meeting with Prime Minister Narendra FashionI am in Washington, Colombia County, last month, as confirmed by CNBC.

At this meeting, Musk confirmed to change the benefits of expanding Internet access throughout the most crowded country in the world, sources in the room. It seems that Musk has been working, and SpaceX has announced a deal with two dominant players in Indian telecommunications – Jio and Airtel Reliance – which will deploy Starlink Internet services across India.

Earlier, Musk talked to Modi about space and satellites. Why was India more susceptible this time?

Sources close to New Delhi say that the influential role of Musk in the White House undoubtedly stimulated the Indian government to re -evaluate the Starlink transaction.

How we reported last weekTrade negotiations between us and Indian officials did not lead to a breakthrough and Trump said US charges India mutual tariffs On April 2, domestic media reports.

While India and USA Stay at trade negotiations, two Starlink deals are considered as a great victory for Musk.

The world’s richest person will gain access to an incredibly important, mobile consumer market that he has been fighting for years.

In addition, Musk refers to a partner rather than competing with Jio and Bharti Airtel Reliance, which together prevail in the telecommunications market in India. It also offers a mask a unique opportunity to work with the heads of the opponents of telecommunications specialties and powerful Indian billionaires: Mukech Ambani and Sunil Mital. Both are very respected and influential tycoons.

“Space, defense and India are the biggest opportunities for any company in the world. Musk gets all three … At the same time, it adds a completely new dimension of the projection of the American forces in the most challenged region,” said Elliott Pence, former International, Anduril, Defense Technology Company, CNBC by phone.

Possible “New Dawn” for US companies in India

One of the biggest problems for foreign companies that broke into India was a protectionist policy, fierce competition of local competitors and the inability to penetrate India as an outsider. US companies including Meta. Walmart and Amazon had their own share of problems on Earth.

“India was a historically very difficult market for US companies, but it can be a new dawn,” Pence added.

The possibility is great. Recently traveling to different parts of India a few months ago, I was surprised by limited internet access in smaller cities.

Starlink, which uses low satellites from earth orbit, may be useful in urban areas and less settlements where internet access remains spotted.

“(Starlink) should provide a great incentive … Especially in rural and remote areas of India, where traditional telecommunications networks are not particularly good,” said John Hopkins, Professor of the International Economy of the University of John Hopkins, on the phone.

Neil Shah Research CounterPoint explained that Starlink could offer the Internet in rural India where Jio and Airtel have no connection, and expensive build telecommunications infrastructure. Jio and Airtel will then buy local customers on behalf of Starlink by selling the equipment required to launch the speed internet.

Connection may be submerged

But the problems are waiting.

In order to officially enter India, Starlink must go through several regulatory obstacles and get a communication license currently considering the Indian government.

While partnership with Ambani and Mittal sounds promising, a mechanics behind the Starlink deal raised several questions.

For the first, both Jio and Airtel give up the original plans made with European Companies providing satellite internet services in India? Last year, Internet Jio Reliance introduced a joint venture with SES based in Luxembourg for satellite management in India. Airtel has an existing alliance with Eutelsat Oneweb.

According to Citi analysts, Starlink will need to be guided in technical problems, such as an intervention restriction, as satellites usually require viewing and can easier to affect the weather.

“We believe that satellite networks will be more suitable for maintenance of remote rural areas where there are gaps in the coating rather than urban areas where satellites cannot correspond to terrestrial networks in terms of power and coverage,” Citi analysts said.

Starlink must also make its service more affordable in the market that is experiencing prices, such as India, especially if the opportunity is in rural areas where revenues are often lower.

“Although there is an opportunity to connect a lot of people to the Internet, prices will dispute the Starlink ability to scale,” Shah said CNBC by phone.

The Starlink Service is currently worth around $ 110 a month for users in the cheapest US -FI package for people in India is cheaper than a year.

Galina experts say that there is a local authorities there will be under pressure to provide incentives and subsidies to make access to broadband more accessible access. It was here that new Indian police members Musk could give the necessary recommendations.

Musk’s ties with President Trump may have been given Starlink Green Light to enter India, but the success of the satellite space campaign relies on two of its powerful Indian partners, and the price to which it is settled.

The venture capital market in India burns. Overall investment in the country startup reached $ 13.7 billion in 2024Increase by 40% compared to last year, according to Bain & Company. The number of transactions increased by 45% to 1.270 in 2024, compared to 880 years earlier. This makes India the second largest market for LCD in the Asia-Pacific region. The consumer technology sector has attracted the greatest investment, even as traditional, such as banking and retail, survived rapid growth.

Amazon is justify Planning to list your Indian unit. According to sources, Indian editions covering startups started negotiations with JPMorgan and investment banks in India. Revolves from its Indian block Allow Amazon to maintain an inventory in the country rather than just act as a mediator between buyers and sellers.

India and New Zealand to start free trade talks. At the Indian-New Zealand Economic Forum in New Delhi on Tuesday, New Zealand Prime Minister Christopher Luxan said he was open to strengthen economic ties with India and Looking forward to signing a trading transaction within 60 days. Trade between both countries is currently estimated at $ 1.75 billion and can multiply 10 times in the next 20-25 years, predicted by Indian Trade and Industry.

India and Malaysia seek to expand bilateral economic ties. The Minister of State of South Asia for Trade and Industry and Electronics and Information Technology Jitin Prasada met with Deputy Minister of Investment, Trade, Trade and Industry in New Delhi New Delhi. At their meeting ministers of trade and trade discussed opportunities deepening cooperation in semiconductor production And also increase bilateral trade.

Wholesale prices in India fall. A wholesale price index in February came on 2.38%According to the state government, published on Monday, throwing out of 2.31%. 33.59% of plant oil prices contributed to wholesale prices. The consumer price index in the country, which came out on March 12, announced an increase of 3.61%.

Indian shares were located in a positive territory for four direct sessions for a week, with Nifty 50 The index increases by 0.68% at 12 o’clock.

A 10-year government bond with 10-year Indian bonds increased slightly to 6,7443%.

On CNBC television this week Adrian Zuercher of UBS Global Wealth Management said India remains “one of the best structural stories in Asia.” This is despite the fact that the country’s economic growth is “muted” and the stock market, which is a potentially difficult year in 2025 because of investors who accepts profits and redistribution to China. Indian stocks are now evaluated more reasonably And “offer more up” for investors, Zuerher added.

Meanwhile, in a separate interview, Vikas Pershad with M & G Investments Boarding Zuerchar’s opinion, saying the firm was still “Very constructive in India.