00:00There are so many youths who are going to delivery boys or call centres.
00:05It's not like Indians don't have the skill set.
00:07If that was the case, Sundar Pichai wouldn't be the CEO of Google.
00:10There is no guidance available when it comes to hardware things.
00:13In India, we only make biscuits and ice-creams in the name of start-ups.
00:17It's not like we only make biscuits or ice-creams.
00:20It's easy to become delivery boys and girls, so we shift to that.
00:23So Union Minister Piyush Goyal said that the girls and boys of India
00:28will only work as delivery boys and girls.
00:30Secondly, he said that India's start-ups
00:33are comparatively lower than China and America's start-ups
00:36because China and America are making electric vehicles and semiconductors
00:40while we Indians are making ice-cream and biscuits.
00:44What do you have to say on this?
00:46I will say that what the Union Minister said is not wrong
00:50because if we take the example of America
00:55For example, if we look at Starbucks and Dunkin Donuts
00:59they have also become old brands
01:01but how did they start?
01:03They also started by selling coffee or making donuts.
01:06We can say that the start-up scene in India
01:09has started in the last 3-5 years.
01:12But this term is a very old term.
01:16And I believe that if it is seen as an opportunity
01:20and not as if the Union Minister said it, then it is very demotivating.
01:23I agree that most of our youth are going to delivery boys
01:28or call centers because
01:31we are seeing a lacking skill set in the education system
01:38and it is not meeting the market requirements.
01:41If the people of the market or the normal companies
01:48try to provide awareness to their employees
01:53that this is a skill set that you need
01:56and this is a skill set that you want to do
01:58and if you want to do, you can do that.
02:00Just like a new education policy has come in today's time.
02:03This is so that the skill set can improve.
02:05So I will say that what Bhiyush Goyal said was right
02:10but if we look at it as an opportunity and not as a negative
02:14then we can grow better
02:16and we can also do wonders in the terms of startups and also in the business.
02:20On this, the first question you asked about delivery
02:23so what I would like to suggest is that
02:25it is not that delivery boys are not leading a very good life or something
02:30everyone has their own helplessness
02:32and they are doing their job according to their skill set.
02:35And if you look at it technically,
02:37startups in India or privatization have gone on a rush now
02:43which was the previous mindset.
02:48So if there is a better opportunity here
02:51so why would people want to go outside India?
02:53It is not that there is a lack of skill set in Indians.
02:55If this was the case, Sundar Pichai would not have been the CEO of Google.
02:58So it's not about that.
03:00It is that the opportunities here are comparatively less
03:03and for people who are delivery boys
03:05of course they are doing a commendable job.
03:07Their job and lifestyle is more difficult than ours.
03:11In our corporate, we work in these rooms.
03:15Of course, everyone's work pressure is different.
03:17But the work they are doing is delivering in the sun.
03:20So it shouldn't be looked upon as a niche level job.
03:24It is something that should be appreciated that they are doing it.
03:27And for the skill set that they are carrying
03:29they are trying to perform their best in it.
03:31Similar to what we can do.
03:33If we get the job according to our skill set
03:38then we perform better in it.
03:40So first I would like to say that.
03:42And second, you asked about EVs and semiconductors and all of that.
03:47The first thing is that most of the startups
03:49who don't want to invest in India
03:51and they bring it from Dubai or Singapore
03:53because they get less taxation there.
03:55I am not pretty much aware about it.
04:00But I have heard from different clients
04:02that the issue of taxation is very less there.
04:05The second thing is that as I mentioned
04:08they don't have the resources.
04:10So their skill set doesn't develop that much here.
04:13The mindset is not that good here.
04:15On the other hand, it's not like there are no innovations here.
04:18If I talk about Piyush Bansal.
04:22He solved a generic problem.
04:24By building a lens card.
04:26He solved everything that he could provide door to door.
04:30If I talk about Boat for example.
04:33He also solved a generic problem.
04:35Earlier we used to manufacture headsets from China.
04:37He started something like that in India.
04:39So it's not like the mindset has not developed in India.
04:42The government is also bringing events for the entrepreneurs.
04:48For example, this is the event.
04:50Startup Mahakumar.
04:51So there are a lot of good businesses here.
04:54They are making good investments.
04:57So I think more or less
04:59because it started suddenly
05:01so it won't boom suddenly.
05:02It will take time.
05:03But eventually I think India
05:05in the upcoming years
05:07it would produce something beneficial like that.
05:09I think the problem behind it is
05:12the delivery boy and girls problem is due to unemployment.
05:15Because there is so much unemployment here.
05:17The boys and girls don't get work.
05:19So it's easy to become delivery boys and girls.
05:21So they shift to that.
05:23If we talk about startups.
05:25In India, there are so many innovative startups developing.
05:29You can't say that only in the US and China EVs are being made.
05:32India is also manufacturing something innovative.
05:34And it's being manufactured better than them.
05:36And I think startups are on a booming stage.
05:38So startups are a very good option for young boys and girls.
05:42So that will not be the case.
05:44Fortunately, Indian boys and girls will get employment.
05:48And if not a job, else a startup.
05:52See, I wouldn't completely disagree
05:56that EVs are being made outside.
05:58Things like deep-seek are being made.
06:00But it's not that only ice-creams and biscuits are being made in India.
06:03So if you go inside, there are very good robotics startups that we have.
06:08Very good software platforms that we have.
06:10AI startups.
06:12But yes, compared to them,
06:14China and USA, we are little behind.
06:16And the reason behind that is that
06:18there is no guidance available here when it comes to hardware things.
06:21Bangalore is the soft capital of the world.
06:24Everyone knows that.
06:25There are a lot of software engineers.
06:27There is no hardware expertise.
06:28China is much ahead of us in that.
06:30Everyone knows that all the hardware parts are manufactured there.
06:33So there is expertise there.
06:35So what I have seen, I was also an engineering student.
06:38I also made a lot of hardware projects.
06:40But they were left on the breadboard.
06:42There was no guidance available to make it a proper end-to-end market-ready product.
06:47And then that thing was left there.
06:49So we need more guidance.
06:50And coming to the delivery boys and all.
06:53See, I think employment is being generated.
06:55These people are making good money.
06:57So we shouldn't say that they will just keep delivering.
07:00It's a good opportunity for them.
07:02And it's better than what they were doing before.
07:05And even in my startup, I have come in contact with some delivery boys
07:10who want to come into white-collar jobs.
07:13I am training them for customer support.
07:15They can speak better.
07:16They can do sales.
07:17So even in my startup, they are coming.
07:19So things are happening.
07:21Things are changing.
07:22It's not like we are just making biscuits or ice cream.
07:25That's not true.
07:26You can check out here.
07:27It's not like that in my opinion.
07:29I agree with him somewhat.
07:30But I also agree that due to government restrictions and many policies,
07:33startups are not getting much growth in India.
07:36Due to many tax regimes and all.
07:38Because my mom works in the finance sector.
07:42She knows and she complains about it.
07:44About the Indian tax regime and sector.
07:46And for that, India, obviously, Piyush Goyal sir
07:49needs to be careful about this.
07:51So that startups like this grow in India.
07:54I think, in a way, he is very right in saying that
07:57we are wasting India's resources.
08:00So we can better utilize those resources in manufacturing
08:03EVs and more of AI-driven technology.
08:08So India needs to think beyond hyper-deliveries
08:13and health-based food items.
08:16So I think he is very right.
08:18So we need a reality check.
08:20We need to think beyond things.
08:22So I think it's a great idea for the new India.
08:26I don't think so.
08:28Because, first of all, the delivery thing
08:33started recently after COVID in India.
08:35But it was from a long time there in the US and China.
08:38And so the other thing which he said about EVs.
08:42So if we are copying something or if we are taking some good stuff from others,
08:45then we are criticized.
08:46That we are just wasting our efforts and resources on that.
08:50So I think that's wrong.
08:52It is making people slow, I'll say.
08:55It's easy now to get stuff delivered to you.
09:00The concept of fast is not really good, which I support.
09:03But getting things delivered to your home,
09:07saving your time if you are using that time on something productive,
09:10then that's really good.
09:11I think that's not a big problem.
09:13And it is also creating income for the delivery partners.
09:18They are also finding other ways of getting income.
09:22On the other hand, talking about the EVs,
09:25also, as you are seeing, every car manufacturer company
09:28has now an EV of their own brand.
09:31And the government of India also has.
09:33I don't know exactly, but they need to have an EV model in their segments
09:39by 2030, I guess.
09:41It is something like that.
09:42I'm not with the exact figure.
09:44So I think, yeah, so the Indian companies are doing that as well.
09:47Right now, we are taking the batteries,
09:50like Tata is taking batteries,
09:52and Mahindra is taking batteries from China.
09:54But we are also in that,
09:56and we are doing a lot of stuff in battery manufacturing as well.
10:00So I think it's good.
10:02We are on that line.
10:03And it's not that we are behind,
10:05and we are not doing the right stuff.
10:07We are completely on the right path on that.
10:09I think Piyush Goyal's comments show reality.
10:15I heard his comments.
10:17In India, we are focusing more on vegan food,
10:21or ice cream, as he said,
10:23or niche products in short.
10:25Generally speaking, broadly speaking,
10:27we are focusing more on niche products.
10:29Whereas we should focus on technological developments,
10:32research and development,
10:34like semiconductors, the newest technologies,
10:37which are essential for crucial things that we use daily,
10:42like mobile phones, laptops, PCs,
10:44everything.
10:45So we need more technological advancements,
10:49more education,
10:52more research-driven education.
10:54And the delivery boy thing you said,
10:57automation, like China, US,
11:00the advanced economies are working on automation rapidly.
11:03But as of we,
11:06in the name of creating jobs,
11:08we are creating low-level jobs,
11:10which are not contributing to our economy at all,
11:14and are wasting human resources,
11:16which can be used efficiently in different areas of the economy.
11:23So I believe,
11:25what Piyush Goyal has said,
11:27is right and wrong at the same time.
11:31I think we should support the Indian ecosystems as well,
11:34like Zomato, Blinkit,
11:36the companies which are providing the 10-minute groceries,
11:38also helpful.
11:39But alongside it,
11:40we should also support the tech EV giants,
11:43like Ola is coming,
11:44and we should support that.
11:46Being a part of NIT Jalandhar,
11:48and I am also a part of India AI Mission,
11:51so my focus is the government should promote more research areas,
11:54and should provide support to the people of India,
11:57like some special startup incubators,
12:00like Startup Mahakubin is there.
12:02So it is a very good initiative,
12:03I think, in which many new startups are coming.
12:05And it will give rise to all the niche domains,
12:07like not only food delivery will be promoted,
12:10startups like camera ecosystem,
12:13then we can say ice creams,
12:15semiconductors,
12:16EV giants will also be coming up,
12:18and more and more people will be inspired.
12:20So seeing this event,
12:21I was also very much amazed,
12:23as it was a beautiful platform for all the investors,
12:27all the students,
12:28all the old officials.
12:30So I think more and more events like this should be coming up,
12:34and talking about like the competitors China and America,
12:37I think one problem is there like in these countries,
12:41basically the students get the information in schools,
12:44only that we have to focus on curricular activities as well,
12:47apart from studies.
12:48But I think in India,
12:49people only focus on studies and getting more marks.
12:51So I think it should also be supported by the teachers of India,
12:54that on niche level in schools like 5th to 10th class,
12:57the students should be promoted to do all the domains,
13:01not only a single domain like medical or engineering,
13:03but all the niche domains.
13:05So this is all about me.
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