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Reliance responds to Elon Musk’s allegations, says it welcomes competition

Reliance Industries responded to recent allegations made by Elon Musk regarding its satellite ambitions, emphasizing that its Jio subsidiary is awaiting regulatory clearances. The company said it welcomes competition as a test of its ability to serve customers.

The Hindu NationalOctober 16, 20261 min read
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Reliance responds to Elon Musk’s allegations, says it welcomes competition
The Strategic Consequence
Watch for the regulatory clearance timeline for Jio’s satellite services and any further statements from SpaceX.

Elon Musk recently raised concerns about Reliance Industries’ plans to launch satellite broadband services under its Jio brand, suggesting that the Indian conglomerate might be copying technology that SpaceX is developing. The comments came at a time when the Indian government is encouraging private players to expand high‑speed internet access in rural and underserved areas. Jio has filed applications for spectrum and orbital slots, but the projects remain pending approval from the Department of Space and the telecom regulator. The debate highlights the growing interest of global firms in India’s large and still developing broadband market.

In response, Reliance issued a statement emphasizing that its Jio satellite venture is still awaiting the necessary clearances and that the company has never shied away from competition. "At Reliance, we have never feared competition. We see it as the truest test of who serves the customer best," the spokesperson said. The firm added that it views competition as an opportunity to improve service quality and pricing for Indian consumers. By welcoming rivals, Reliance hopes to position itself as a reliable provider in a market that is expected to see several new entrants in the coming years.

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The exchange between Musk and Reliance underscores the strategic importance of satellite broadband for India’s digital future, especially as the country seeks to bridge the connectivity gap in remote regions. If Jio receives the required approvals, it could offer affordable high‑speed internet to millions, potentially lowering the cost of data services and stimulating economic activity in underserved areas. At the same time, the presence of international competitors may drive innovation and keep prices in check, which is a key concern for Indian households and small businesses that rely heavily on affordable online connectivity.

📡 Verified Wire Agency Verified Resource & Provenance
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