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Reliance Responds to Elon Musk: We Are Never Afraid of Competition

Elon Musk, the renowned American entrepreneur, recently accused India of obstructing the entry of Starlink into the market. In a sarcastic remark, he referred to Mukesh Ambani as ‘Prime Minister Ambani.’ Musk questioned whether Starlink would be afforded a fair chance to compete in India. Following these claims, Reliance Industries issued an official statement on Friday to clarify its position.

Reliance stated that it has never been intimidated by competition. The company emphasized, “Like every Indian enterprise, Reliance has advanced in a country that welcomes both domestic and foreign investments along with new ideas, especially those that improve people’s living standards.” It further added, “This freedom is grounded within the framework of laws and regulations. The Indian government has made it clear that a uniform process will be applied to every applicant, whether Indian or foreign. Jio itself is yet to obtain approvals for its own satellite services.”

According to the company, Reliance has never felt threatened by competition. Delivering the best service to customers remains its primary objective. Ambani noted that Jio entered the Indian telecom market in 2016 when it had virtually no customers. Over the past decade, Jio has gained the trust of more than 530 million customers. It has provided Indians with some of the world’s best digital infrastructure and the most affordable data plans. Reliance welcomes strong competition in satellite communications, including from Starlink.