MARKETS / COMPANIES / ECONOMYRSS edition ↗
Equity Monitor
Market News

Reliance Industries welcomes Starlink competition while urging compliance

Benchmarks Nifty23,146.15148.81FEATURED FUNDS★★★★★UTI Aggressive Hybrid Fund Regular Plan-Growth5Y Return8.69 % Invest NowFEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return18.78 % Invest NowEnter search…

Reliance Industries welcomes Starlink competition while urging compliance
Benchmarks Nifty23,146.15148.81FEATURED FUNDS★★★★★UTI Aggressive Hybrid Fund Regular Plan-Growth5Y Return8.69 % Invest NowFEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return18.78 % Invest NowEnter search text:
    The Economic Times daily newspaper is available online now. Read Today's Paper Reliance Industries welcomes Starlink competition while urging compliance with Indian lawsBy ET BureauLast Updated: Oct 17, 2026, 12:58:00 AM ISTSynopsis

    Reliance Industries expressed its openness to competition within India's satellite communications market. The company welcomed Starlink’s entry while emphasizing the need for compliance with Indian regulations. Reliance stated that its satellite services are awaiting necessary government approvals for operations. Elon Musk claimed that oligarchs are blocking Starlink's entry into India, which Reliance addressed in its statement. Other satellite operators also continue to seek Indian government clearances to start their services.

    Mumbai: Reliance Industries doesn't fear competition from other satellite communications providers, but all corporations including US-based Starlink must comply with Indian laws, the Mukesh Ambani-owned company said Friday.

    In a statement responding to "recent remarks about Reliance and the Indian market", the company said its own satellite services are awaiting government approvals. "That openness rests on the rule of law," RIL said. "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."

    Reliance explicitly welcomed Starlink's participation in India's satellite communications market, while calling for compliance with the country's regulatory framework.

    "We welcome competition in satellite communications, including Starlink," it said. "Every player, Jio included, must serve the people of India and abide by the laws and policies of the land."

    RIL said India's openness to investment and innovation, both domestic and international, has supported the growth of Indian enterprises, including its own. "At Reliance, we have never feared competition," it said. "We see it as the truest test of who serves the customer best."

    Live Events


        Reliance pointed to Jio's entry into India's crowded telecom market in 2016, saying the company had started without a single customer and built a base of more than 530 million customers over a decade. It highlighted that Jio had given Indians some of the world's best digital infrastructure and most affordable data.

        RIL's statement comes days after SpaceX founder Elon Musk alleged that "unnamed oligarchs" were blocking Starlink's entry in India. In a scathing post on X last week, Musk wrote: "Unfortunately, we are being blocked by certain oligarchs in order to maintain their monopolistic chokehold on the Indian people. You can guess who they are...This is a crime against the people of India!"

        Later, the communications ministry also stated that satellite communication operators must demonstrate compliance with security conditions before moving to the next step of seeking spectrum assignment.

        OneWeb India Communications, Jio Satellite Communications and Starlink Satellite Communications are the three companies granted unified licences with authorisation for Global Mobile Personal Communication by Satellite services. (GMPCS).

        Bharti Airtel chairman Sunil Bharti Mittal also said earlier this week that even his satcom venture, Eutelsat OneWeb, is awaiting Indian government clearances for starting operations.
        Add as a Reliable and Trusted News Source Add Now!
        (You can now subscribe to our Economic Times WhatsApp channel)
        Read More News onreliance industriesReliance IndustriesStarlinksatellite communicationsElon MuskJioIndia regulatory compliancetelecom market competitionsatellite services approvalsOneWeb India Communications

        (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)

        ...moreless
        (You can now subscribe to our Economic Times WhatsApp channel)
        Read More News onreliance industriesReliance IndustriesStarlinksatellite communicationsElon MuskJioIndia regulatory compliancetelecom market competitionsatellite services approvalsOneWeb India Communications

        (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)

        ...morelessContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories
        & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions &
        in-depth stock reportsSubscribe NowET

        Unlock Access to All Exclusives with ETPrime FREE TRIAL

        15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapers

        Trial offer expiring in00 : 05 : 00

        I'd rather pay ₹2599 now

        Uh-oh! This is an exclusive story available for selected readers only.

        Worry not. You’re just a step away.

        Prime Account Detected!

        It seems like you're already an ETPrime member with

        Login using your ET Prime credentials to enjoy all member benefits

        Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.

        Unlock ETPrime's Exclusive Stories Today!

        Big Price Drop! Flat 40% Off

        Student Only OfferAlready a Member? Sign In nowAlready a Member? Sign In nowAlready a Member? Sign In now

        Offer Exclusively For You

        Save up to Rs. 700/-

        ON ET PRIME MEMBERSHIP

        Avail Offer

        Offer Exclusively For You

        Get 1 Year Free

        With 1 and 2-Year ET prime membership

        Avail Offer

        Offer Exclusively For You

        Get 1 Year Free

        With 1 and 2-Year ET prime membership

        Avail Offer

        Offer Exclusively For You

        Get Flat 40% Off

        Then ₹ 1749 for 1 year

        Avail Offer

        Offer Exclusively For You

        ET Prime at ₹ 49 for 1 month

        Then ₹ 1749 for 1 year

        Avail Offer

        Special Offer

        Get flat 40% off on ETPrime

        Avail OfferAvail OfferClaim NowAlready a Member? Sign In now

        Need Assistance?

        Connect with an ETPrime expert for personalized support and guidance

        +91 9484700004'; }); } if(listing) { var h3 = "You tried reading " + listArr.length + " locked stories in the past " + threshold + " days.", h4 = "Become an ET Prime member and don't miss out on these exclusive stories."; var html = '

        ' + h3 + '

        ' + h4 + '

          ' + listing + '
        '; $('#paidSCWidget').html(html); var callback = $('#paidSCWidget').attr('data-callback'); if(callback && window[callback]) { window[callback](); } customDimension.dimension72 += ' | Shown SYFT no Trial_With Missed Paywalled Articles Collection'; } else { _processNormal() } } }); } else { _processNormal(); } } catch (e) { _processNormal(); } }, function () { _processNormal(); }); //console.log('storyCollectionLoad', $); }

        What’s Included with

        ETPrime Membership

        1Exclusive Insights That Matter

        Uncover the truth with our investigative stories

        Make strategic moves using the real-world case studies

        Read industry-specific stories to identify emerging trends

        Spot opportunities with
in-depth insights that matter

        • Trump temper on H-1B visas is forcing Indians to do these things to stay put in US

          What Adani’s US indictment means for India Inc’s overseas fundraising

        • Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.

          Will China’s dollar bond sale in Saudi Arabia trump the US in financial world?

        • Huawei launches its own OS to compete with Google and Apple. But can it win beyond China?

          The problem with lab grown diamonds

        • Why a falling rupee is a better option for the economy

          A list of top 20 momentum stocks that have delivered massive returns in one year

          2Invest Wisely With Smart Market Tools & Investment Ideas

          Alpha Trade

          Get daily trade ideas from SEBI-registered research analysts.

          Investment Ideas

          Grow your wealth with stock ideas & sectoral trends.

          Stock Reports Plus

          All-in-one stock research with Stock Score, peer comparison & key signals.

          BigBull Portfolio

          Get to know where the market bulls are investing to identify the right stocks.

          Stock Analyzer

          Check the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right stocks.

          Market Mood

          Analyze the market sentiments & identify the trend reversal for strategic decisions.

          Stock Talk Live at 9 AM Daily

          Ask your stock queries & get assured replies by ET appointed, SEBI registered experts.

          3Stay informed anytime, anywhere with ET ePaper

          ePaper - Print View

          Read the PDF version of ET newspaper. Download & access it offline anytime.

          ePaper - Digital View

          Read your daily newspaper in Digital View & get it delivered to your inbox everyday.

          Wealth Edition

          Manage your money efficiently with this weekly money management guide.

          TOI ePaper

          Read the PDF version of TOI newspaper. Download & access it offline anytime.

          Deep Explainers

          Explore the In-depth explanation of complex topics for everyday life decisions.

          Health+ Stories

          Get fitter with daily health insights committed to your well-being.

          Personal Finance+ Stories

          Manage your wealth better with in-depth insights & updates on finance.

          5Enjoy Complimentary Subscriptions From Top Brands

          Stream new documentaries from all across the world every day.

          Stories you might be interested in

            Source: Economic Times — Telecom ↗

            Figures reflect the source report and its stated period. This article is for information and is not investment advice.