US EditionAshneer Grover reacts to Piyush Goyal’s startup remark: ‘Change public discourse from history to science'
- Union Minister Piyush Goyal urged startups to focus on high-tech fields like robotics and AI, stating that there are only 1,000 deep-tech startups in India.
- Goyal criticized the emphasis on food delivery startups, stating, "We are focused on food delivery apps, turning unemployed youths into cheap labor."
- Industry leaders, including Zepto CEO Aadit Palicha, countered Goyal's remarks, highlighting the contributions of consumer internet companies to the economy.
- Palicha called for government support for local champions instead of criticizing current startups.
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11 Articles
Startup Mahakumbh: Piyush Goyal asks startups to focus on high-tech sectors
Startup Mahakumbh: Commerce and Industry Minister Piyush Goyal on Thursday inaugurated a three-day Startup Mahakumbh at Bharat Mandapam. Speaking at the event, Goyal urged the startup community to think bigger and focus on high-tech sectors like semiconductors, robotics, machine learning, and artificial intelligence instead of sticking to grocery delivery and ice cream making. "Are we going to be happy being delivery boys and girls...Is that the…
Zepto co-founder's response on Piyush Goyal's startup remark: 'It's easy to criticise...'
Aadit Palicha also addressed the larger question raised by Piyush Goyal regarding India’s absence from the global AI race. 'Why doesn’t India have its own large-scale foundational AI model? It’s because we still haven’t built great internet companies,' he wrote, referencing global giants like Amazon, Facebook, Google and Alibaba.
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