Current Date 05 Apr, 2025

Goyal criticizes India's startup ecosystem, focusing on food delivery apps instead of technological innovation.

Piyush Goyal criticized India's startup focus on food delivery and gaming apps, contrasting it with China's advancements in EV and AI. He questioned whether India is settling for low-paying gig jobs instead of technological innovation, urging startups to pursue meaningful innovation and avoid quick exits to foreign companies for small sums. He highlighted the limited number of deep-tech startups as a concern.