Piyush Goyal: Commerce minister’s dig at Indian start-ups sparks debate

Commerce Minister Piyush Goyal says Indian start-ups need to focus more on deep-tech innovations.

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At the second edition of Startup Mahakumbh, a government-led start-up conclave last week, Goyal seemed to take a hard look at India's consumer start-ups as he urged entrepreneurs to explore more innovations in technology in order to help the country progress.

Poking fun at the rise of food delivery apps, artisanal brands and online betting apps in the country, he compared them with the innovations being made by the "other side", which many took to mean China.

He said that while "they" were making leaps in machine learning, robotics and building "next-gen factories that can compete with the rest of the world", India's start-ups were still largely focussed on lifestyle products like gluten-free ice creams.

His comments sparked a flurry of reactions from India's top innovators, with some arguing that he was only encouraging creators to be more ambitious and others calling it an unfair criticism of the start-up ecosystem, a major contributor to the country's economy.

https://www.bbc.com/news/articles/cp91yr5eg3vo


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