‘Never feared competition’: Reliance responds after Elon Musk’s ‘Prime Minister Ambani’ barb over Starlink
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Reliance Industries responded on Friday to Elon Musk’s recent remarks about Starlink’s entry into India.
- ✓The company said it has never feared competition and that all players must follow Indian laws.
- ✓Reliance noted that Jio also awaits regulatory clearances, adding, “At Reliance, we have never feared competition.”
Story at a Glance
- Category
- BUSINESS
- Reported By
- Telegraph India
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Mukesh Ambani’s Reliance Industries on Friday responded to Elon Musk's recent remarks about the Indian market and its role in Starlink's entry into the country, saying it has never feared competition and that every player must abide by Indian laws and policies.
In a statement, Reliance said it welcomed competition in satellite communications, including from Starlink.
It also said all companies, Indian or foreign, must follow the same regulatory process, pointing out that Jio’s satellite services were also awaiting clearances.
The response follows Musk’s remarks accusing the Indian government of favouring established telecom operators over competing players, complete with a “Prime MInister Ambani” barb.
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