Union Commerce Minister Piyush Goyal inaugurated the second edition of Startup Mahakumbh 2025 in New Delhi today, emphasising India ’s rising global prominence and urging private-sector collaboration to fuel growth. The commerce minister asked the investor community to rope in the private companies in a big way. In a sharp critique of India 's startup ecosystem, Union Commerce Minister Piyush Goyal said while many startups in the country were overly focused on food delivery and betting and fantasy sports apps, those in China were working on EV, battery tech, semiconductors and AI. India’s Minister of Commerce and Industry Piyush Goyal recently urged Indian startups to think beyond food delivery and gig work and spotlight sectors like deep tech. Goyal was speaking... Union Commerce and Industry Minister Piyush Goyal stirred controversy this week after urging Indian startups to pivot from service-led models like food and grocery delivery to high-tech innovation in sectors such as semiconductors, robotics, and AI.
