Categories: Business

Reliance Responds To Elon Musk’s Starlink Jibe At Mukesh Ambani

Reliance Industries Ltd (RIL) on Friday welcomed competition in India’s satellite communications sector, including from Elon Musk’s Starlink, and said domestic and foreign companies must follow the same laws and regulatory procedures.

In a statement, the company said every player, including Reliance’s telecom arm Jio, must serve Indian consumers while complying with the country’s laws and policies.

Reliance said India welcomes domestic and foreign investment under equal rules, adding that Jio’s satellite services are awaiting clearances. It said Jio entered the telecom market in 2016 and now serves over 530 million customers, offering affordable data and digital infrastructure.

Starlink has secured a licence but still needs security clearances and other approvals to launch commercially. The statement follows Musk’s criticism of Mukesh Ambani over Starlink’s India entry.

In a post on X, Musk sarcastically addressed Ambani as the ‘real boss of India’ and accused him of seeking to preserve a monopoly.

Musk questioned whether Ambani would allow Starlink to compete in the Indian market, drawing attention to the regulatory hurdles the satellite internet provider faces before it can begin operations.

Reliance’s response emphasised that competition should remain open to Indian and international companies alike, provided they meet the same regulatory requirements.

Also Read: Stock Market Today: Sensex, Nifty Open Higher But Slip In Early Trade

Anamika Agarwala

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