From friction to flight: Unblocking India’s startup and innovation ecosystem

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Union Commerce Minister Piyush Goyal’s recent remarks at the Startup Mahakumbh in New Delhi sparked a national debate. Urging startups to pivot from consumer-oriented ventures such as food delivery to high-impact sectors such as semiconductors, artificial intelligence (AI), and robotics, his statement drew both criticism and support. While some defended the economic value of consumer tech, others viewed it as a necessary reality check. Against this backdrop, there is an urgent need to examine systemic challenges and propose pragmatic reforms….



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From friction to flight: Unblocking India’s startup and innovation ecosystem


Union Commerce Minister Piyush Goyal’s recent remarks at the Startup Mahakumbh in New Delhi sparked a national debate. Urging startups to pivot from consumer-oriented ventures such as food delivery to high-impact sectors such as semiconductors, artificial intelligence (AI), and robotics, his statement drew both criticism and support. While some defended the economic value of consumer tech, others viewed it as a necessary reality check. Against this backdrop, there is an urgent need to examine systemic challenges and propose pragmatic reforms….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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