Aman Gupta, the co-founder of boAt, has backed union commerce and industry minister Piyush Goyal’s recent remarks urging Indian startups to move beyond consumer-centric businesses and focus on deep-tech sectors instead of “grocery delivery and ice cream making.” He took to the Twitter and wrote, ” 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 Piyush Goyal 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. Benchmarking against China, the US, or anyone else — isn’t weakness. It’s smart strategy. We’re already the 3rd largest startup ecosystem in the world and the fastest-growing major economy. Source & Read more.
