With both films releasing on November 13, trade analysts have predicted the films will suffer losses as a result of the dual release.
According to ApunKaChoice, Devgn said: "I don't think there is any competition! Everybody's films release and everybody's films do well; and Diwali has always been a period where two films have clashed at the box office and have still managed to do well."
When questioned about going head-to-head with Son of Sardaar, Shah Rukh Khan recently stated that both films deserved to be recognised.
Devgn reiterated the sentiment saying: "I would advise you to watch both the films."
Speaking about his relationship with Khan, who has a long running on-screen partnership with Devgn's wife Kajol, the Singham star said: "I wouldn't call us friends, but not even just acquaintances; we are more than acquaintances.
"It has so happened that we haven't spent a lot of time together, but apart from that, we never have a problem with each other! Whenever we meet, we are very nice to each other."
Devgn was under pressure to delay his film's release following the death of Yash Chopra, but was unable to do so due to prior commitments with the film's distributors.
Son of Sardaar and Jab Tak Hain Jaan release on November 13.