Food apps vs. deep tech: The Indian startups debate - Deccan Chronicle

Summary

Union Commerce Minister Piyush Goyal criticized Indian startups' focus on non-tech sectors like food, urging a shift to high-tech areas such as semiconductors. Entrepreneurs and stakeholders argue that systemic issues like red tape, inadequate funding, and unsupportive regulations hinder deep tech innovation. While Goyal advocates for tech-centric entrepreneurship, others counter that diverse sectors, including food, drive substantial growth and innovation within India's startup ecosystem. The relationship between the article, key concept, and tags suggests the need for improved support and environment for tech-focused entrepreneurship in India, including insights from Goyal and relevant stakeholders.