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The Minister of Commerce and Industry stated at a recent event that the India's startups are overly focused on food delivery and fantasy sports. He compared India's startup ecosystem with that of China, where he claimed companies were focusing on technologically sophisticated subjects such as electric vehicles (EVs), battery technology, semiconductors, and artificial intelligence (AI). Several business leaders and startup founders have responded to Union Minister Piyush Goyal's criticism of India's startup ecosystem. We are joined by experts to discuss the issue at length. Watch the video to know more. #mohandaspai #piyushgoyal #indianstartups #englishnews #timesnow Times Now - Times Now News channel examines news with in-depth analysis. We provide much more than the latest news and breaking news of the day. Times Network houses upscale television channels. Times Network takes the lead with its ground-breaking innovation and disruption of a new content category. The Times Network channels, which have a global footprint in 100 countries, inform, entertain, and engage viewers of all ages with fascinating and intriguing content, news, and information. Subscribe to our channel - https://bit.ly/SubscribeToTimesNow Check out our website: https://www.timesnownews.com Times Now News App : https://bit.ly/3AD5qqN Connect with us on our social media handles: Facebook: / timesnow Twitter: / timesnow Instagram: / timesnow Subscribe to our other network channels: Times Now Navbharat: https://bit.ly/SubscribeToTNNavbharat Zoom: https://bit.ly/SubscribeToZoom Mirror Now: https://bit.ly/SubscribeToMirrorNow ET Now: https://bit.ly/SubscribeToETNow TN+: https://bit.ly/SubscribeToTNPlus Chapters: 0:00 Introduction: Union Minister Piyush Goyal's Controversial Statement 0:30 India vs China: Startup Ecosystem Comparison 1:00 Focus Areas: Indian Startups vs Chinese Innovations 1:30 Critique of Indian Startups: Are We Just Delivery Services? 2:00 Reactions from the Startup Community: Criticism and Defense 2:30 Piyush Goyal's Clarification: Political Context and Reactions 3:00 Expert Insights: Mohandas Pai on Startup Ecosystem 3:30 Funding and Deep Tech: Addressing Misconceptions 4:00 Suhail Seth's Perspective: Innovation vs Copycat Startups 4:30 The Role of Government: Policies Affecting Startups 5:00 Comparing India and China: Economic Realities and Aspirations 5:30 Conclusion: The Future of Indian Startups and Innovation