India's market can now become the new destination of 'trade war' of billionaires. In this, on one side will be Mukesh Ambani, the richest man of Asia and chairman of Reliance Industries, and on the other side will be Tesla and Twitter owner Elon Musk, one of the world's richest industrialists. Oh no-no, these two are not really going to do any war. But very soon these two may clash to establish supremacy in the market.
Recently, Prime Minister Narendra Modi met Elon Musk during his US visit, inviting him to set up a Tesla factory in India. After this, Elon Musk also indicated to come to India, and also said that he can bring his 'Starlink' to India, so sir, this Starlink is going to be the reason for the real 'war'.
Actually Elon Musk wants to bring his Starlink satellite broadband to India. In this way, he wants to take broadband to every village. But he did not say how his move would affect the government's satellite broadband auction, and how much it would affect Mukesh Ambani's Reliance Jio. Mukesh Ambani can resist Starlink coming to India, because he is the owner of 'Reliance Jio', which dominates India's telecom and broadband market.
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