The question was posted by Raj Kumar.

The satellite has a velocity. To revolve around, the direction of velocity must change. In the absence of a force it can move only in a straight line. It is the gravitational force which helps the satellite top change direction and revolve around the earth.

In other words, for a satellite to revolve in a circular path, a centripetal force is required. This centripetal force is provided by the force of gravitation only.