'Welcome competition including Starlink': Reliance reacts to Musk's comments
Reliance Industries has publicly welcomed Starlink to the Indian market, stating it does not fear competition and that its own satellite services are awaiting regulatory clearance. This follows accusations from Elon Musk that vested interests were obstructing Starlink's entry.
Why it matters
The entry of Starlink into India represents a significant shift in the country's telecommunications landscape and highlights the competitive tension between global tech giants and domestic conglomerates.
NEW DELHI: Reliance Industries has welcomed Elon Musk’s Starlink to India, saying it has never feared competition and that its own satellite services are also in the queue.The statement comes as a response to Musk’s repeated allegations that vested interests were obstructing Starlink’s entry into India. Reliance, however, stressed that all companies must comply with Indian laws and regulations, adding that priority is to serve the people.In a statement released on Friday, the company said India’s investment and innovation landscape was open to both domestic and foreign players, with the same regulatory process applying to all applicants.“In light of recent remarks about Reliance and the Indian market, we wish to place the facts on record. Like every Indian enterprise, Reliance has grown in an India that welcomes investment and innovation, homegrown or international, that improve the lives of the people. That openness rests on the rule of law.
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