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ā¢ Bharti-backed OneWeb India, a subsidiary of Eutelsat Group, has received approval from IN-SPACe to launch satellite broadband services in India, marking the first nod in the country.
ā¢ The approval sets the stage for a potential rivalry between OneWeb and Jio Satellite, owned by Mukesh Ambani.
ā¢ The potential for satellite services in India is substantial, with the country's space economy projected to reach $13 billion by 2025.