'India has lowest data prices, lowest cost payment systems': Zoho's Sridhar Vembu responds to Elon Musk
Zoho's Sridhar Vembu defended India's competitive economy and cited low mobile data prices, affordable medicines and UPI as he responded to Elon Musk's allegations that Starlink was being blocked by Indian business interests.
Zoho founder Sridhar Vembu has defended India's regulatory environment for satellite internet services, responding to Elon Musk's criticism of the country's market structure. Vembu highlighted the nation's low mobile data prices, affordable medicines, and low-cost digital payment systems, attributing these benefits to competition and government support.
He credited Reliance Jio's launch with driving down data costs, noting the widespread use of dual-SIM phones and large data plans as evidence of affordability. Musk accused businesses of blocking Starlink's entry into India and questioned the delay in obtaining a license, claiming compliance with Indian laws. The Ministry of Communications dismissed Musk's claims as baseless, stating that India has a fair and non-discriminatory authorization process for satellite services.
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