Starlink unable to get signal for India liftoff; faces FDI hurdles amid security concerns
New Delhi: Starlink’s aim to offer satellite communications services in India is facing a steep hurdle as the government has turned cautious in clearing the Elon Musk-owned company’s investment proposal amid heightened national security concerns fueled by shifting global geopolitics.
People aware of the details told ET that the foreign direct investment (FDI) application of Starlink is currently on hold and can even be rejected if the government’s queries aren’t satisfactorily addressed.
