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‘Never Feared Competition’: Reliance Reacts to Elon Musk’s Jibe

Sputnik India

In a series of posts last week, Space X CEO Elon Musk referred to Reliance chairman Mukesh Ambani as the “Prime Minister” of India. 16.10.2026, Sputnik India

2026-10-16T13:54+0530

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ndia’s Reliance Industries Limited (RIL) has reacted to Elon Musk’s claim that the Indian billionaire conglomerate was blocking Starlink’s entry into the India market.In a statement posted on its X account on Friday morning, Reliance asserted that it has “never feared competition”.It noted that Reliance Jio’s own satellite services were awaiting clearance from the Indian government.The statement noted that Jio, Reliance digital and telecom arm, had gained over 530 million Indian subscribers since its launch in 2016. It added that the company has been able to create some of the best digital infrastructure in the world.Further, Reliance reminded Jio that clearances were being allowed strictly on the rule of law.

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‘Never Feared Competition’: Reliance Reacts to Elon Musk’s Jibe

13:54 16.10.2026

© AP Photo / Rajanish KakadeFILE- In this June 17, 2010 file photo, Reliance Industries Managing Director Mukesh Ambani, during a book release function in Mumbai, India. BP PLC is paying India's Reliance Industries $7.2 billion to take a stake in key oil and gas blocks, gaining a significant foothold in the Asian country as it continues to reposition global operations following the disastrous Gulf of Mexico spill

FILE- In this June 17, 2010 file photo, Reliance Industries Managing Director Mukesh Ambani, during a book release function in Mumbai, India. BP PLC is paying India's Reliance Industries $7.2 billion to take a stake in key oil and gas blocks, gaining a significant foothold in the Asian country as it continues to reposition global operations following the disastrous Gulf of Mexico spill - Sputnik India, 1920, 16.10.2026

In a series of posts last week, Space X CEO Elon Musk referred to Reliance chairman Mukesh Ambani as the “Prime Minister” of India.

ndia’s Reliance Industries Limited (RIL) has reacted to Elon Musk’s claim that the Indian billionaire conglomerate was blocking Starlink’s entry into the India market.

In a statement posted on its X account on Friday morning, Reliance asserted that it has “never feared competition”.

“We welcome competition in satellite communications, including Starlink. Every player, (Reliance) Jio included, must serve the people of India and abide by the laws and policies of the land,” the statement read.

It noted that Reliance Jio’s own satellite services were awaiting clearance from the Indian government.

The statement noted that Jio, Reliance digital and telecom arm, had gained over 530 million Indian subscribers since its launch in 2016. It added that the company has been able to create some of the best digital infrastructure in the world.

Further, Reliance reminded Jio that clearances were being allowed strictly on the rule of law.

“As the Government of India has stated, it applies the same process to every applicant, Indian or foreign. Jio's own satellite services await clearances,” it stated.