RIL welcomes competition, affirming the Rule of Law

Reliance Industries Limited released a statement responding to recent comments about the company and India’s market. The company says it has grown in a country that welcomes investment and innovation from both Indian and foreign sources, as long as these efforts benefit people. Reliance adds that this openness is based on applying the rule of law fairly.

Reliance says the Indian Government uses the same regulatory process for all applicants, whether they are Indian or foreign. The company also notes that Jio’s satellite services are still awaiting approval, suggesting that no one receives special treatment. This helps address concerns about unfair regulation and shows that Reliance follows the same rules as others.