Indian startups have been criticized for the lack of cutting-edge innovation, particularly in AI, machine learning, and robotics.
Zepto CEO explains that India's struggle to produce foundational AI models is due to the absence of large-scale, profitable internet companies like those in the US and China.
Zepto has made significant contributions within a short span, supporting livelihoods, contributing to taxes, and attracting foreign investment.
Commerce and Industry Minister Piyush Goyal urges Indian startups to focus on high-tech domains like semiconductors, robotics, AI, and next-gen manufacturing.