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A semiconductor startup founder has issued a strong rebuttal to Union Minister Piyush Goyal’s recent criticism of Indian consumer internet startups, highlighting the challenges faced by deep-tech entrepreneurs in India.
At Startup Mahakumbh 2025, Goyal had taken a swipe at the direction many startups were heading, saying, “Do we have to make ice cream or chips? Dukaandari hi karna hai?” His comments suggested a preference for innovation in areas like semiconductors over consumer-facing ventures such as food delivery or boutique D2C products.
