News

US-based Hughes Network Systems, a provider of satellite broadband services and managed network solutions, has announced plans to invest in India for local satellite production. The company is looking to expand its capacity and take advantage of India’s recently-unveiled space policy.

By investing in India, Hughes aims to support the country’s growing demand for satellite services. This move will not only help Hughes to meet the needs of Indian customers but also to establish a local manufacturing base in the country.

India has seen significant growth in the demand for satellite services, driven by factors such as increasing use of satellite communication in rural areas, the need for connectivity in remote locations, and the rise of applications like satellite internet and TV services. With its investment, Hughes aims to enhance its presence in the Indian market and cater to these growing demands.

Additionally, local manufacturing in India will bring several benefits, including reduced costs, shorter lead times, and customized solutions for the Indian market. Hughes’ investment reflects its commitment to supporting India’s space industry and aligning with the government’s Make in India initiative.

This move by Hughes comes as several other satellite companies have also shown interest in investing in India. The country’s favorable space policies and growing market potential have attracted companies like Starlink, OneWeb, and Bharti Enterprises.

Overall, Hughes’ investment is set to boost India’s satellite manufacturing capabilities and strengthen its position in the satellite services industry.

The post US-based Hughes to Invest in India for Local Satellite Production appeared first on satProviders.