00:00What are India's start-ups doing today?
00:04We are focused on food delivery apps,
00:08turning unemployed youth into cheap labour
00:12so the rich can get their meals
00:15without moving out of their house.
00:18And against that, what does a Chinese start-up do?
00:22Work on developing electric mobility,
00:25battery technologies,
00:27and with that they are today dominating
00:31the electric mobility ecosystem.
00:33We are very proud of what India has done.
00:36But are we the best in the world as yet?
00:39Not yet.
00:41Should we aspire to be?
00:43Or are we going to be happy being delivery boys and girls?
00:48Look at the second one.
00:51I have been going through a lot of our start-up success stories
00:55and when I go all over the country,
00:58we often have start-ups presenting to us
01:01what work they are doing.
01:03Fancy ice-cream and cookies.
01:05I know at least three or four billionaires
01:08whose children make,
01:10on one brand or the other,
01:12very fancy ice-creams and cookies
01:14and run a very successful business
01:17and I have no complaint against that.
01:19But is that the destiny of India?
01:22Is India's future satisfied with that?
01:26Healthy ice-cream.
01:30Zero-gluten-free whatever, I don't know.
01:34Vegan.
01:36With all these words,
01:38with good packaging,
01:40we call ourselves a start-up.
01:42This is not a start-up.
01:44This is entrepreneurship.
01:46This is business.
01:49On the other hand,
01:51there is growth in semiconductors.
01:54Artificial intelligence is being made
01:57by people in their own countries.
02:01They are investing heavily to become self-reliant.
02:04Building chips, AI models,
02:07which will prepare the nation for the future.
02:10What does India have to do?
02:12Make ice-cream or chips?
02:16For that, we all have to be brave.
02:18And this is what I am telling the investors.
02:21Aman Gupta,
02:23change your perspectives in Shark Tank.
02:49I read it and I said,
02:51if these people have come organically,
02:53and if I say a single word,
02:56it is so sure that
02:58I will come to address the empty hall
03:00in start-up Mahakum number 3.
03:05That's when I asked Prashant,
03:08I took out my phone,
03:10I said, Prashant, I got this three days back.
03:12Is it okay if I pull it up on the screen
03:15and discuss this with the audience?
03:16That's when I asked my colleague
03:18to show it to all of you.
03:21Instant grocery delivery,
03:23latest, hot on the block.
03:26I have no problems.
03:28It can list at a few billion dollars.
03:30I am very happy.
03:32I only wish it had more Indian investors
03:34rather than the foreigners
03:36buying off all our start-ups.
03:38And this Siddharth is a warning for all of you.
03:41We need more Indian investors into the game.
03:43Again, of course, I won't comment
03:45on what it is making people
03:47and how our resources are going
03:50only towards hyperfast logistics.
03:53And look at what the other side is doing.
03:56Robotics.
03:58Automation.
04:00Machine learning.
04:02Preparing ourselves for 3D,
04:04preparing themselves for 3D manufacturing.
04:07Next-gen factories that are more efficient
04:10and that come from India.
04:11Factories that are more efficient
04:13and that compete with the rest of the world
04:16and capture markets.
04:19We can keep crying.
04:21It's our choice.
04:23I put this up because we are a young generation here.
04:26Are we as the future of India?
04:29And in 2047,
04:31leaving Bhubaneswar,
04:33maybe, Madam,
04:35there won't be any more of us.
04:37If you leave the people on this side of the front row,
04:41there won't be people on that side.
04:47Aman, I'm keeping you out.
04:52You all are the sculptors of New India.
04:56You have to make Viksit Bharat 2047 happen.
05:00And that is eminently possible
05:04when we start looking at the right side
05:09of that chart which we'll put up
05:12at the exhibition hall.
05:15We'll need to go global.
05:17We'll need to think big.
05:20We'll need to be ambitious.
05:23We'll need to experiment.
05:25We'll need to be creative.
05:27We'll need to experiment.
05:29We'll need to go beyond the boundaries
05:32of our own thinking.
05:34Let's not limit ourselves
05:37with the past.
05:39Let's explore the unknown.
05:44And, frankly,
05:47when we look at deep tech,
05:50and when I see the numbers are still
05:52probably, what, a thousand companies,
05:54a thousand startups in the deep tech ecosystem?
05:57It is a disturbing sign.
06:01Wealth creation in the short run
06:05may happen with some of these conveniences.
06:10But do we have to work for the shopkeepers?
06:15Or do we have to make India
06:18a world-wide or international scale
06:21identity?
06:24That, friends, is the choice
06:27before us.
06:29We may do all sorts of
06:31international trade agreements.
06:33And today, under Prime Minister Modi's
06:36guidance and leadership,
06:38we are not aiming small.
06:40We are not looking at agreements
06:42with countries who are
06:44in a situation which is even
06:46worse than what India is in.
06:49That used to be the Congress culture.
06:52They would do agreements with
06:54countries like, you know,
06:55who are much weaker than us.
06:59What Modi ji does is agreements
07:02with Australia.
07:04We are aspiring to do an agreement
07:06with EU, the 27-nation bloc,
07:09with UK, with USA,
07:12with Peru, with Chile,
07:14with Australia, with New Zealand,
07:17with Oman, with Bahrain, Qatar.
07:22Our ambitions are to compete
07:25with the best in the world.
07:27With every one of them,
07:29we talk of a start-up bridge.
07:31But I can't take to them
07:33grocery stores and say,
07:36this is India's offering for start-ups.
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