“At Reliance, we have never feared competition

“At Reliance, we have never feared competition

Reliance Industries on Friday responded to Elon Musk’s recent remarks about the Indian market and its role in Starlink’s entry into the country, saying it has never feared competition and that every player must abide by Indian laws and policies.

“At Reliance, we have never feared competition. We see it as the truest test of who serves the customer best. Jio itself entered India’s crowded telecom market in 2016 as the newest player, with not a single customer. In just ten years, Jio has earned the trust of over 530 million customers and given Indians some of the best digital infrastructure and most affordable data in the world,” the company stated.

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,” Reliance Industries said in a statement on Friday. “In light of recent remarks about Reliance and the Indian market, we wish to place the facts on record.