Piyush Goyal Sparks Startup Storm, Gives Reality Check On India's 'Unicorn' Dream | Blueprint

Описание: In today's episode of Blueprint Explosive Exclusive on Times Now's prime-time debate show, anchor Meghna Deka leads a discussion on the ongoing startup storm.
Union Commerce Minister Piyush Goyal recently shared his perspective on startups, giving a reality check by comparing Indian and Chinese startup ecosystems. He urged Indian entrepreneurs to shift their focus from food delivery apps to more advanced technological solutions, sparking an online debate.
Union Minister Piyush Goyal questioned the current direction of Indian startups, pointing out that many are centered around food delivery, effectively turning unemployed youth into low-cost labor while the affluent benefit from home deliveries. In contrast, he praised Chinese startups for working on battery technology and electric mobility. Although he expressed pride in Indian startups, he posed a critical question: Are we truly the best in the world?

To discuss this issue, a few panelists joined the debate on Times Now:

Rajjat Gulati, Co-Founder of Plutos ONE: "The false dichotomy being created between India and China is puzzling, but it's mostly just convenient..."

Gaurava Yadav, Founder & CEO of EduAce Services: "When a minister or anyone of this stature makes such a statement, the best way to respond is to hold them accountable."

Catch the full debate on Times Now.

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Chapters:
0:00 Introduction to India's Startup Debate: India vs China
1:25 Union Minister Piyush Goyal's Critique of Indian Startups
3:12 Responses from Indian Entrepreneurs: Reality Check
5:01 Criticism of Government Policies Affecting Startups
7:02 Panel Discussion: Comparing Startup Ecosystems in India and China
12:34 Understanding the Challenges in India's Startup Growth
16:01 The Role of Government in Supporting Startups: A Way Forward