Founder Sridhar Vembu takes on Musk's claim of Starlink facing license hurdles
Executive Brief • Key Highlights
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- ✓Zoho founder Sridhar Vembu challenged Elon Musk’s claims about Starlink facing license hurdles in India.
- ✓On Saturday, Vembu said the Indian government does not tolerate monopolies.
- ✓He showed that India has a competitive economy with low data prices.
Story at a Glance
- Category
- BUSINESS
- Reported By
- The Economic Times
- Reading Speed
- 5 Minute(s)
- Market Focus
- India Economy
Synopsis
Sridhar Vembu responded to Elon Musk's claims regarding regulatory obstacles for Starlink in India. Vembu highlighted India's competitive economy and low data prices benefiting consumers. He emphasized that the Indian government does not tolerate monopolies in the industry. Union Communications Minister Jyotiraditya Scindia confirmed that multiple companies, including Starlink, are seeking licenses. Security assessments are ongoing for all license applicants before commercial operations can begin.
Listen to this article in summarized format
Zoho Co-Founder and Chief Scientist Sridhar Vembu has taken on SpaceX CEO Elon Musk after the latter claimed plans for his company Starlink's satellite communications license were facing roadblocks in India.
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The Economic Times
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