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.