Union Minister Piyush Goyal asks startups to focus on high-tech sectors like robotics and AI
Commerce and Industry Minister Piyush Goyal on Thursday asked the Indian startup community to shift their focus from grocery delivery and ice cream making to to high tech sector like semiconductor, machine learning, robotics, and artificial intelligence. What other side is doing — robotics, machine learning, 3D manufacturing and next generation factories factories," Goyal said here at the Startup Mahakumbh, comparing the nature of Indian startups with that of Chinese. The minister stressed the need for increasing domestic capital investments, stating that a strong foundation of indigenous investment is crucial to reducing dependency on foreign capital and ensuring long-term economic resilience. Mr. Goyal emphasised on the need to attract more domestic investors to strengthen India's capital base and ensure self-reliance.
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