“Building innovation, not just lifestyle applications”: Bhavish Aggarwal rests Piyush Goyal’s call


Ola’s founder, Bhavish Aggarwal, has supported the recent call of the Minister of Commerce Pyush Goyal for Indian businessmen to sign up and build competitive world startups, driven by innovation, urging the starting ecosystem to focus beyond the applications of technology and lifestyle.

“At agreement with the declaration of the @piyushgoyal minister. Our startup community must be inserted -why we are only building consumer technology companies,” said Aggarwal. “Employers need to reflect and instead of creating life applications, creating innovation and future technology.”

Aggarwal’s statements were in the midst of a wider conversation about India’s ambition to move from being the third largest start ecosystem in the world to becoming a real world leader in innovation. Goyal, while talking at the startup Mahakumbh recently, had called on businessmen to sign up for more and get ready against global standards, citing the need for advances in areas such as deep technology, artificial intelligence, space, climate technology and manufacturing innovation.

Echoing this feeling, Aggarwal listed some examples of the types of Indian startup technologies that should be focused on: “Rockets, AI drugs, EUV machines, new mineral refinement technology, new materials, both to build!”

The Founder’s Founder’s tweet reached an agreement with many in the startup community, as India continues to see most of its VC financing, which comes out of consumer -oriented platforms, from e -commerce to fintech delivery and food delivery, while main scientific and industrial innovation is often unfounded.

Aggarwal himself has been in charge of the deep technological ambitions of India through Ola Electric, which is building a large battery and an ecosystem of electric vehicles. His observations also point out increasing recognition that long -term economic leadership will require building technologies worldwide, worldwide, not only to the adoption of consumers on a scale.

With government support that grows for sectors such as semiconductors, electric mobility, IA and clean energy, businessmen is recommended to look beyond short -term valuations and are built for long.





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