Reliance Industries500325Conglomerate, telecommunications
Reliance Industries issued a statement responding to remarks about Starlink's entry into India, defending its stance on competition and rule of law
By ScoutQuest · · 1 min read
- Jio customer base
- 530 million customers
Heard on business television between 08:55:08 - 08:58:08 IST.
- Reliance issued a statement amid Elon Musk's social media posts alleging Starlink's entry into India was blocked.
- Reliance said India welcomes investment and innovation and applies the same process to every applicant, Indian or foreign, for satellite clearances.
- The company said it has never feared competition, citing Jio's entry into telecom in 2016 as a new player that grew to over 530 million customers in 10 years.
- Reliance said it welcomes competition in satellite communications including Starlink, provided all players abide by India's laws and policies.
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Source: Live TV News Channel · 16 Oct 2026
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