A display board at Startup Mahakumbh 2025 in New Delhi has stirred debate within the startup community. Titled “India Vs China: The Startup Reality Check,” the board contrasts China’s deep tech sectors—such as EVs, AI, semiconductors, and robotics—with India’s focus on services like food delivery, influencer content, and fantasy sports.
Criticism from Industry Leaders
Former Infosys CFO Mohandas Pai criticized the display, calling it demoralizing for Indian entrepreneurs. He highlighted that India has over 4,500 deep tech startups, but they face capital constraints. Pai shared his concerns publicly and tagged Commerce Minister Piyush Goyal, questioning why the display was allowed at a national event.
Public Reaction on Social Media
Online users echoed Pai’s sentiment. Several labeled the board as discouraging and in poor taste. Comments described the display as “self-ridicule” rather than constructive self-reflection. Some attendees felt it undermined the progress made by Indian startups in recent years.
Support for Honest Reflection
On the other hand, some voices supported the display as a truthful depiction of the challenges Indian startups face. Defenders argued that honest assessments are necessary and called for more investor support rather than just critique.
Minister’s Remarks Add to the Debate
Commerce Minister Piyush Goyal, speaking at the same event, questioned the current direction of Indian startups. He suggested many startups are limited to service roles like food delivery, turning unemployed youth into gig workers. While some interpreted his remarks as a push for more innovation, others felt they dismissed the achievements of service-driven ventures.
Ongoing Discussions at Startup Mahakumbh
Startup Mahakumbh continues with exhibitions and discussions across sectors. Despite the controversy, the event remains focused on innovation, partnerships, and global investment opportunities for Indian startups.
