India, May 21 -- Telecom minister Jyotiraditya Scindia reportedly said that India will see the fastest rollout of satellite communication (satcom) network in the world.

As per news agency PTI, Scindia claimed that the homegrown satcom market is well poised to grow tenfold to become a $20 Bn opportunity in the next three years.

"I am very confident that this rollout of satellite network as well will probably be the fastest in the world in the years to come, growing from current $2.3 Bn market to almost a $20 Bn market by 2028, so we are talking about a ten multiple over the next three years. these are growth rates you would probably not see anywhere else in world," Scindia was quoted as saying.

It is pertinent to note that current satco...