Reliance eyes LEO satellites to build India’s answer to Starlink
Reliance Industries is considering a big-bang entry into the satellite communications space, involving a potential investment of billions of dollars, pitting the Mukesh Ambani-run conglomerate against Elon Musk-owned Starlink, Amazon Leo and others, people aware of the details told ET.
“The company wants to be one of the biggest players in the satellite space, particularly in the low earth orbit (LEO)segment, which has immense potential,” said a person aware of details. The satellite arm will be housed in Jio Platforms (JPL), which runs RIL’s telecom and digital businesses.
