Page 23 - Piyush Goyal

Piyush Goyal calls for 'economic nationalism' to boost local supply chains

The Minister's comments come as India positions itself as a viable manufacturing alternative amidst shifting global trade patterns

Trade talks on, applied tariffs on US items not 'humongous': Piyush Goyal

Piyush Goyal blamed China for the current global crisis, adding that China's entry into the WTO in the 1990s and early 2000s was a turning point

Trump tariffs: Shipments to US likely to shrink 6.4% in 2025, says GTRI

The contraction will be led by a drop in exports of fish and crustaceans, which may fall by a fifth

US tariffs' fallout: Andhra CM writes to Goyal on shrimp farmers' concerns

In his letter to Goyal, Naidu appealed to the Centre "to come to the rescue of aqua farmers by negotiating with the US to exempt the aqua products from this additional duty"

India will become a prosperous global power: Piyush Goyal on Ram Navami

'May the blessings of Lord Shri Ram remain on everyone... May this country, under the leadership of Prime Minister Modi, progress further,' Goyal asserted

Piyush Goyal to meet exporters on Apr 9 to discuss Trump's tariff on India

Union Commerce and Industry Minister Piyush Goyal is likely to hold a meeting with exporters on Wednesday, April 9, to take stock of issues to be faced by Indian traders due to the imposition of an additional 26 per cent reciprocal tariffs by the Trump administration, an industry official said on Sunday. Senior officials of the commerce ministry and representatives of export promotion councils (EPCs) and the Federation of Indian Export Organisations (FIEO) will attend the deliberations, according to the industry official. Meanwhile, an exporter said that the government should come forward to extend fiscal incentives to all exporters, particularly MSMEs, in this situation, as the US tariffs will have an impact on the country's shipments. The effect of these duties is expected to be reflected starting May as demand will take a hit in the US. "Sweeping increases in duties on all the countries in the world will have an inflationary impact on the US customers. It would hit demand for al

Aman Gupta backs Piyush Goyal's push for deep-tech focus in startups

boAt co-founder Aman Gupta has come out in support of Commerce and Industry Minister Piyush Goyal's recent remarks urging Indian startups to focus more on deep-tech innovation. Gupta's comments come amid an ongoing debate within the startup ecosystem where several founders have countered Goyal's critique of consumer-focused ventures like food delivery and luxury goods startups. Gupta took to social media platform X to echo Goyal's call for startups to move beyond consumer-centric models like food delivery and fantasy sports apps and instead prioritise technologies like artificial intelligence, robotics, and quantum computing. "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 @PiyushGoyal Ji isn't against founders. He believes in us. His point was simple: India has come far, but to lead the worldwe need to aim higher. "It reminded me of something I say oft

'Misplaced, illogical': BJP MP slams Zepto CEO's defence of Indian startups

BJP MP Praveen Khandelwal, who also serves as the secretary general of the Confederation of All India Traders, backed Goyal's remarks made at the recently concluded Startup Mahakumbh

EaseMyTrip's Rikant Pittie enters startup debate, pens Linkedin post

Pittie took to his LinkedIn timeline to share insights into the company's evolution from a bootstrapped startup to a global travel tech leader

After innovation debate, Goyal announces helpline for startup grievances

Piyush Goyal said that the helpline would be accessible to all startups nationwide, allowing them to register complaints or provide feedback on policies

Indian startups respond to Piyush Goyal's ecosystem comment

Goyal on Thursday had questioned if startups were content with low-paying gigs

Startup Mahakumbh: What funding numbers say about Indian startups

In the hottest sector of AI, where most global VC funding is going currently, the country's record has not been anything to write home about

Piyush Goyal vs Indian startups: Who said what?

Speaking at the Startup Mahakumbh 2025, Union Commerce Minister Piyush Goyal questioned the direction of India’s startup ecosystem.

Piyush Goyal's dig at startups, Modi-Yunus meet, China's tariffs on US & more

Speaking at the Startup Maha Kumbh, Union Commerce Minister Piyush Goyal took a swipe at India's startup ecosystem, stating that while Indian startups are fixated on food delivery.

Piyush Goyal asks startups to focus on high-tech sectors, not on grocery delivery and ice creams

Commerce and Industry Minister Piyush Goyal on Thursday asked the Indian startup community to shift their focus from grocery delivery and ice cream making to high tech sector like semiconductor.

Easy to criticise startups: Zepto CEO highlights impact after Goyal's jibe

Commerce Minister Piyush Goyal's scathing remarks on Indian startup ecosystem and its innovation priorities have drawn sharp reaction from the industry, with Zepto CEO Aadit Palicha putting up a strong defence citing the company's contribution to jobs, FDI and terming it a "miracle in Indian innovation". Underlining the role played by consumer internet companies in pushing technology-led innovation, Palicha - one of the most recognised faces in the startup circles, and the co-founder of quick commerce company Zepto - argued that the startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, "not pull down the teams that are trying hard to get there". "It is easy to criticise consumer internet startups in India, especially when you compare them to the deep technical excellence being built in US/China. Using our example, the reality is this: there are almost 1.5 Lakh real people who are earning ...

'Dukaandari hi karna hai?' Piyush Goyal urges startups to think bigger

Speaking at the Startup Mahakumbh, Union Minister Piyush Goyal questioned India's startup focus on food delivery over deep-tech innovation, sparking sharp backlash from industry leaders

Indian startups should aim for global prominence, says Piyush Goyal

Startup Mahakumbh 2.0: Minister urges startups to re-evaluate their purpose, true value

Shift focus from grocery delivery to high-tech sectors: Goyal to startups

Commerce and Industry Minister Piyush Goyal on Thursday asked the Indian startup community to shift their focus from grocery delivery and ice cream making to to high tech sector like semiconductor, machine learning, robotics, and artificial intelligence. He also said there is a need for more Indian investors into the startup ecosystem. "Are we going to be happy being delivery boys and girls... Is that the destiny of India... this is not startup, this is entrepreneurship... What other side is doing -- robotics, machine learning, 3D manufacturing and next generation factories factories," he said here at the Startup Mahakumbh. The minister said the new startups should focus on preparing the nation for the future. "Do we have to make ice cream or chips?" he asked. He also underscored the evolving role of startups in driving India's economic and technological growth. He assured that the government will handhold and support those who face challenges in their startup journey, encouragin

German firm from chemical sector to invest $1.5 bn in India: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Saturday said a German company from the chemical sector has decided to invest USD 1.5 billion in India, and a state has identified land for the project. Though the minister did not disclose the name of the company or the state, he said that the company's head is expected to meet the state's chief minister on Sunday. The company will "have the allotment of land in his hand, and we will have a billion-and-a-half dollars of foreign direct investment coming into the country over the next 12 months", Goyal said at a session of the Union Internationale des Avocats (UIA) here. The company is looking for a parcel of land, which is about 250 acres near a port. Germany is the ninth largest investor in India. The country has received about USD 15 billion foreign direct investment (FDI) during April 2000 and December 2024. He said that more and more companies are looking at coming to India to explore business opportunities. He added that the ...