Aman Gupta sides with Piyush Goyal’s comments on Indian startups to focus on deep tech
New Delhi, Apr 06 (PTI): boAt co-founder Aman Gupta has come out in support of Commerce and Industry Minister Piyush Goyal's recent remarks urging Indian startups to focus more on deep-tech innovation. Gupta's comments come amid an ongoing debate within the startup ecosystem where several founders have countered Goyal's critique of consumer-focused ventures like food delivery and luxury goods startups.
Gupta took to social media platform X to echo Goyal's call for startups to move beyond consumer-centric models like food delivery and fantasy sports apps and instead prioritise technologies like artificial intelligence, robotics, and quantum computing.
"It's not every day that the government asks founders to dream bigger. But at Startup Mahakumbh, that's exactly what happened. I was there. I heard the full speech. Hon. Minister @PiyushGoyal Ji isn't against founders. He believes in us. His point was simple: India has come far, but to lead the world...we need to aim higher.
"It reminded me of something I say often on Shark Tank India, If you want to build a world-class product, you must know your competition. That applies to India too," Gupta wrote.
The minister, during the inaugural of Startup Mahakumbh on Thursday, asked the Indian startup community to shift their focus from grocery delivery and ice cream making to high-tech sectors like semiconductors, machine learning, robotics, and artificial intelligence.
He had questioned Indian food delivery startups for turning unemployed youth into cheap labour.
"Are we going to be happy being delivery boys and girls... Is that the destiny of India...this is not a startup, this is entrepreneurship... What the other side is doing -- robotics, machine learning, 3D manufacturing and next generation factories," Goyal said, showing a slide titled "India vs China. The Startup Reality Check".
The minister had pointed out that only 1,000 of India's 1.57 lakh recognized startups operate in deep-tech spaces-a situation he described as "disturbing" given India's aspirations to become a developed nation by 2047.
Startup founders including Zepto CEO Aadit Palicha, Zoho founder Sridhar Vembu, and Paytm founder Vijay Shekhar Sharma have countered Goyal's comments.
Gupta, however, said pitching the country against China is a smart strategy.
"Benchmarking against China, the US, or anyone else -- isn't weakness. It's a smart strategy. We're already the 3rd largest startup ecosystem in the world and the fastest-growing major economy. But if we want to be No.1, we need to also go deep into AI, deep tech, climate, mobility, and infra. We need LLMs and innovation stacks that compete on global standards.
"And to make that happen, we also need Scientific risk, More patient capital, Founder-policymaker collaboration and a long-term national vision," Gupta wrote.
It’s not every day that the government asks founders to dream bigger.
— Aman Gupta (@amangupta0303) April 6, 2025
But at Startup Mahakumbh, that’s exactly what happened. I was there. I heard the full speech. Hon. Minister @PiyushGoyal Ji isn’t against founders. He believes in us.His point was simple: India has come far,… pic.twitter.com/bA4ontAz1M
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Governor has no authority to summon officers to discuss pending Bills: Bengal minister
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Kolkata (PTI): West Bengal's Parliamentary Affairs Minister Sovandeb Chattopadhyay said the governor does not have any authority to summon officers to discuss pending Bills.
Chattopadhyay's statement on Thursday came after Governor C.V. Ananda Bose said he has sought meetings with officers of different departments before approving some Bills that are pending with him.
"The Constitution clearly states that the governor does not have the power to indefinitely hold back Bills. If there are legal concerns with a Bill, the governor may write to the government. But nowhere does the Constitution say he can summon officials or hold discussions. I have read the Constitution many times," the minister said.
Following a Supreme Court verdict on the matter, Speaker Biman Banerjee said 23 Bills passed by the West Bengal Assembly since 2016 have not received the governor's assent.
In a major victory for the DMK-led Tamil Nadu government, the apex court on Tuesday cleared 10 Bills that were stalled and reserved by Governor R.N. Ravi for the President's consideration, and also set a timeline for all governors to act on the Bills passed by state assemblies.
Tamil Nadu Chief Minister M.K. Stalin hailed the verdict as a "victory for all Indian states".
Echoing similar sentiments, Speaker Banerjee hoped that the West Bengal governor would follow suit.
In a statement, the Raj Bhavan said the governor had sent 11 Bills -- 10 related to state universities and the Aparajita Bill -- for consideration by the President between 2024 and 2025.
The Raj Bhavan also said that it has sought additional information from the state government on several other Bills, and claimed that appropriate responses have not been received.
