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India's Minister Urges Start-Ups to Embrace Deep-Tech

4/9/2025

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Summary

Story summary

India's Commerce Minister Piyush Goyal has ignited a debate by urging start-ups to shift their focus from consumer products to groundbreaking technology. Despite India's thriving start-up landscape, entrepreneurs face significant challenges like funding and regulations that stifle deep-tech innovation. Goyal's call for bolder ambitions aims to elevate India's global competitiveness.

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Story summary

India's Commerce Minister Piyush Goyal has ignited a debate by urging start-ups to shift their focus from consumer products to groundbreaking technology. Despite India's thriving start-up landscape, entrepreneurs face significant challenges like funding and regulations that stifle deep-tech innovation. Goyal's call for bolder ambitions aims to elevate India's global competitiveness.