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Piyush Goyal's comments on Indian startups draw flak from industry players

Business Standard LogoBusiness Standard20h ago

Piyush Goyal's comments on Indian startups draw flak from industry players - Business Standard

Quick Summary:

About the deep-tech startup ecosystem, Goyal said that it is a disturbing sign that India has only about 1,000 startups.Short-term painkiller?

Not just Palicha, former Infosys chief financial officer Mohandas Pai also criticised Goyal for his comments on the Indian startup ecosystem and its comparison with other countries.

Palicha added that India currently does not have its own large-scale foundational artificial intelligence (AI) model because the country has not yet been able to build large internet companies.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 01:05:43 (20 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 667 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27570192

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 261 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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News Language: English

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Publisher ID: #49

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