A ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/semiconductor-startup” target=”_blank”>semiconductor startup founder has issued a strong rebuttal to Union Minister ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/piyush-goyal” target=”_blank”>Piyush Goyal’s recent criticism of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/indian-consumer-internet-startups” target=”_blank”>Indian consumer internet startups, highlighting the challenges faced by deep-tech entrepreneurs in India.
At ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/startup-mahakumbh-2025″ target=”_blank”>Startup Mahakumbh 2025, Goyal had taken a swipe at the direction many startups were heading, saying, “Do we have to make ice cream or chips? Dukaandari hi karna hai?” His comments suggested a preference for innovation in areas like semiconductors over consumer-facing ventures such as food delivery or boutique D2C products.
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