Satcom set to play a transformative role; opportunities ahead vast: Trai Chairman

New Delhi, Satellite communications are set to play a transformative role in expanding seamless connectivity across India, particularly in remote and geographically challenging regions, while supporting strategic areas, Trai Chairman Anil Kumar Lahoti said Wednesday, adding that the opportunities ahead are “vast”.

India’s space economy, currently valued at about USD 8.4 billion, is projected to grow to over USD 45 billion by 2030, with the potential of expanding “many-fold” thereafter, by 2040, he said while addressing IAFI’s Space Policy Conference 2026.

India stands at the cusp of a new era of space-enabled digital transformation, the top boss of Telecom Regulatory Authority of India (Trai) added.