New Delhi: Prime Minister Modi’s claim that India is becoming the center of start-ups in the world, Union Commerce Minister Piyush Goyal claimed that apps and betting (betting) apps are being developed for grocery and food distribution in India in India. On the one hand, where the BJP leadership is in the can, many people, including the leaders of the industry, have taken a dig at Union Minister Piyush Goyal and are criticizing the BJP government on social media.
Speaking at the Mahakumbh of Startups, Commerce Minister Piyush Goyal claimed that Indian startups are extremely backward compared to China. He said that while Indian startups are limited to basic consumer products with food, delivery and fancy labels, Chinese startup semiconductor, electric vehicles, batteries and artificial intelligence (AI) are working.
People who criticized Indian startups are asking why Piyush Goyal suddenly imposed Brahm Gyan at the age of 11? In India, only delivery and betting apps were being made in the name of startup, so what were you doing till now? Why didn’t you pay attention? Like China, why were there not efforts to encourage startups in semiconductor, electric vehicles, batteries and artificial intelligence in India? Many users claimed that Goyal was avoiding his responsibility and blaming others for his failures. The issue has also been raised that when Goyal is the Commerce Minister at the Center, why did he not make any policy about what kind of startups should be encouraged in India.
Bharat Pai founder Ashnir Grover said that politicians need to investigate reality. China also started with the food delivery app and then stepped into deep tech. Politicians curse the creators of today, but before that they should give the country more than 10 percent of the economic growth rate for 20 years, as well as diverting the attention of the people from history and focusing towards science.
Former CFO TV Mohandas Pai, former Infosys, retaliated on Goyal and asked what Goyal or his own Modi government has done to develop deep-tech startups as Commerce Minister? Pai said, there are many startups in chip design, robotics, EV charging etc., but where is the capital? Despite your efforts, long -term investors are still not investing. The AIF flow is low, the Reserve Bank is harassing foreign investors and we are not being purchased by government buses despite having technology.
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