Union Minister Piyush Goyal asks startups to focus on high-tech sectors like robotics and AI-OxBig News Network

Union Commerce and Industry Minister Piyush Goyal attends the inauguration of second edition of Start-up Mahakumbh, at Bharat Mandapam in New Delhi on April 3, 2025.
| Photo Credit: ANI

Commerce and Industry Minister Piyush Goyal on Thursday (April 3, 2025) asked the Indian startup community to shift their focus from grocery delivery and ice cream making to to high tech sector like semiconductor, machine learning, robotics, and artificial intelligence.

He also said there is a need for more Indian investors into the startup ecosystem.

“Are we going to be happy being delivery boys and girls… Is that the destiny of India… this is not startup, this is entrepreneurship… What other side is doing — robotics, machine learning, 3D manufacturing and next generation factories factories,” Goyal said here at the Startup Mahakumbh, comparing the nature of Indian startups with that of Chinese.

The Minister said the new startups should focus on preparing the nation for the future.

“Do we have to make ice cream or chips?” he asked.

He also underscored the evolving role of startups in driving India’s economic and technological growth.

He assured that the government will handhold and support those who face challenges in their startup journey, encouraging them to persevere and try again.

The minister stressed the need for increasing domestic capital investments, stating that a strong foundation of indigenous investment is crucial to reducing dependency on foreign capital and ensuring long-term economic resilience.

Mr. Goyal emphasised on the need to attract more domestic investors to strengthen India’s capital base and ensure self-reliance.

#Union #Minister #Piyush #Goyal #asks #startups #focus #hightech #sectors #robotics

Union Minister Piyush Goyal,Piyush Goyal asks Indian startups to focus on high-tech sectors,Artificial intelligence,robotics and machine learning,shift focus from ice cream making and grocery, Piyush Goyal asks startups

latest news today, news today, breaking news, latest news today, english news, internet news, top news, oxbig, oxbig news, oxbig news network, oxbig news today, news by oxbig, oxbig media, oxbig network, oxbig news media

HINDI NEWS

News Source

Related News

More News

More like this
Related