On April 3, the Minister of Commerce, Pyush Goyal, at the startup Mahakumbh, on April 3 unleashed a timely response from the startup leaders, reigning the debate on Indian innovation priorities.

Goyal urged entrepreneurs to evaluate their value propositions, suggesting that too many startups focused on the delivery of food and instant logistics with little economic impact in the long term. He said that many startups end up turning young people unemployed into cheap labor instead of pushing the boundaries in sectors such as semiconductors, robotics, EV and battery technology, where he said, Chinese startups advance.

Its sliding to “Fancy Ice creams” and the applications of snapshots did not go unnoticed. In a strongly written post to X, The co -founder of Zepto Aadit Palina He defended the role of consumer Internet companies in promoting innovation and employment.

“It is easy to criticize the Consumer Internet startups in India, especially when comparing them to the deep technical excellence that is built in the United States/in China,” Palicha wrote.

He contributed Zepo’s financial contributions in number: “There are almost 1.5 real lakes that earn a life in Zepo today, a company that did not exist 3.5 years ago. ₹ 1,000+ fiscal contribution crores to the government, more than a billion dollars of FDI brought to the country and hundreds of crores invested in the organization of the supply chains of the Inticia (especially for fresh fruits and fruit. Vegetables).

Old infosys cfo mohandas pai He also went out to Goyal, saying that the minister should not “decrease our startups” and ask what the Ministry of Commerce had done to promote deep technology companies. “India has many deep technology startups, but there is no capital to grow rapidly,” PAI told the government to offer support and warning that the ministry division “seems to have resigned.”

In the meantime, Palicha explained why India does not yet have a home founding model, “it is because we have not yet created large Internet companies … Internet consumer companies promote this innovation because they have the best data, talent and capital to put them behind.”

He called on the ecosystem, government and capital owners supporting local Internet champions instead of demolishing them. “We have to build large local champions on the Internet … if we ever want to get a great technological revolution,” he said, committing to reinvesting the benefits of long-term innovation.