India, October 16, 2026: Reliance responds to Elon Musk’s allegations, says it welcomes competition. The Hindu reported the development.

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Reliance Industries Ltd (RIL), whose subsidiary is Jio Platforms Ltd., has hit back at U.S.

Billionaire Elon Musk for his recent remarks on the company and the Indian market in connection with his satellite service Starlink.

“In light of recent remarks about Reliance and the Indian market, we wish to place the facts on record,” RIL said in a statement on Friday (October 16, 2026).

“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,” the company said.

The story is filed under Technology. Rajasthani News is carrying the opening of that report and will revise this copy only when a later account confirms something new.