Commerce Minister Piyush Goyal, speaking at the second edition of the Startup Maha Kumbh on Wednesday, touched on the nature and scope of Indian startups and urged them to think of big and innovative solutions
“I only wish they’d had more Indian investors, rather than the foreigners buying off all our startups. And yes, we need more Indian investors into the game. And look at what the other side is doing, robotics, automation, machine learning, preparing ourselves for 3d manufacturing, next gen factories that are more efficient and that compete with the rest of the world,” he said
The Union Minister said Indian startups need to be willing to evolve and not be afraid of competition.
“We must learn (from other countries). We must be willing to evolve, we have to be able to learn, we want to aspire to be bigger and better and bolder. And we should not shy of the competition,” he said.
Speaking of the nature of startups India is setting up, he said India needs to raise the bar and help prepare the future of the nation.
Video: PTI
Text: ANI
Published on April 3, 2025
