Why Goyal’s anger at Indian startups should be directed at his govt

Mihir SharmaBloomberg
Apr 15, 2025 | 12:06 IST

The reason why Indian startups are trailing China is obvious. Without real manufacturing reform, entrepreneurs will fail to build out the latest technology or industrial sectors



Commerce and industry minister Piyush Goyal set off a firestorm when he noted how dissatisfied he was with the nation’s startups, an unusual target for the ire of a government official. His trenchant criticism was both accurate and unfair.
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