Analysis on Starlink’s Entry in India – Which Stocks Will Benefit?

Elon Musk’s Starlink is partnering with Jio (Reliance) & Airtel (Bharti Airtel) to bring satellite internet to India. 👏🏻

But which Indian stocks will gain from this revolution? 🤔

1️⃣ Direct Beneficiaries – Telecom & Internet Stocks

These companies directly gain from Starlink’s expansion:

➤ Reliance Industries (RIL) – Jio will sell & integrate Starlink, capturing rural broadband dominance.

➤ Bharti Airtel (Airtel) – Will use Starlink for enterprise solutions & 5G backhaul.

➤ Tata Communications (TATACOMM) – Leader in satellite-based enterprise connectivity.

➤ HFCL – Supplies fiber, telecom equipment & satellite backhaul infra.

📊 Revenue Growth Impact: ➤ RIL & Airtel could see a 5-10% broadband revenue boost in the next 3 years.

➤ HFCL & TataComm may benefit from a 15-20% rise in enterprise connectivity demand.

2️⃣ Satellite & Space-Tech Stocks 🛰

Starlink’s success means higher demand for satellite infrastructure & partnerships.

➤ Nelco – Tata Group’s satellite broadband division, a direct industry competitor to Starlink. ➤ Anant Raj – Owns data centers & telecom infra critical for satellite broadband. ➤ L&T – ISRO’s key partner in space & telecom infra development.

📊 Growth Potential: ➤ Nelco is already up 90% in 1 year, but Starlink’s presence can further drive valuation.

➤ Anant Raj could see 10-15% demand surge in data center infrastructure.

3️⃣ Broadband & Networking Equipment Stocks 🌍

More Starlink adoption = More demand for fiber & networking infra.

➤ Sterlite Technologies – Optical fiber leader for ground stations & satellite connectivity.

➤ Tejas Networks – Builds networking hardware for broadband & telecom infra.

➤ Indus Towers – Largest telecom tower company, may lease infra to satellite ISPs.

📊 Market Projections: ➤ Sterlite Tech & Tejas Networks may gain 20-25% revenue growth in 3-5 years from satellite broadband adoption.

4️⃣ Cloud & Data Center Stocks ☁️

More high-speed internet = More cloud storage & data processing demand.

➤ Happiest Minds – AI-driven cloud infra & networking software provider.

➤ Coforge – IT firm specializing in telecom cloud integration.

➤ Yotta & CtrlS (Adani’s Data Centers) – Likely to gain higher rural cloud adoption.

📊 Cloud Infra Expansion: ➤ India’s data center market is projected to grow 2x by 2027 – driving massive demand for cloud stocks.

5️⃣ Digital Payment & E-commerce Stocks 💳

More rural internet = More digital transactions & online shopping.

➤ Paytm & PhonePe – More UPI users = higher transaction volume.

➤ Info Edge (Naukri) – Education & job platforms benefit from higher rural connectivity.

➤ ITC & HUL – FMCG brands will gain as rural e-commerce expands.

📊 UPI Growth Impact: ➤ UPI payments are growing 50% YoY, and rural expansion will further accelerate adoption.

➤ Paytm could see a 15-20% boost in transaction volumes once satellite broadband scales.