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India minister ignites debate with startup remarks

  • 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.

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