StockDuty ← Dashboard Oct 16, 2026 08:53 AM ET
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'Welcome competition including Starlink': Reliance reacts to Musk's comments

Reliance welcomes competition including Starlink, responding to Musk's comments.

What happened: Reliance Industries welcomed competition in satellite communications including Elon Musk's Starlink, saying Jio's own satellite services await clearances. Musk had accused Reliance of opposing Starlink's India entry. Key numbers: Jio entered telecom in 2016 and has over 530 million customers. Three entities seek satellite licences: Reliance Jio, Eutelsat OneWeb, and Starlink. Why it matters: The government says it applies the same process to every applicant and denies allowing a monopoly. Starlink lacks clearance because it has not agreed to establish domestic infrastructure.
Reliance Industries welcomed competition in satellite communications including Elon Musk's Starlink, saying Jio's own satellite services await clearances. Musk had accused Reliance of opposing Starlink's India entry.
The government says it applies the same process to every applicant and denies allowing a monopoly. Starlink lacks clearance because it has not agreed to establish domestic infrastructure.
Sources