India's commerce minister, Piyush Goyal, sparks debate among entrepreneurs by urging startups to focus on high-end technology rather than quick deliveries or fancy ice cream.
Goyal criticizes food delivery startups, suggesting that they primarily serve the wealthy and exploit unemployed youth as cheap labor.
He highlights China's startup achievements in electric mobility, battery technology, robotics, automation, and machine learning, and urges Indian startups to prepare for advanced manufacturing technologies.
The debate continues as startup founders and venture capitalists defend their contributions to the economy and call for greater government support.