Recently, India’s Commerce Minister Piyush Goyal criticized Indian startups for being too focused on food delivery, betting, and fantasy sports apps. He compared them to Chinese startups, which are investing in advanced technologies like electric vehicles (EVs), battery innovations, semiconductors, and artificial intelligence (AI).
His statement raises an important question not just for India but for Pakistan as well. Are we also limiting ourselves to small businesses and quick-profit models, or are we thinking big and investing in industries that will shape the future?
Why Innovation Matters?
For Pakistan to progress, startups must focus on fields like AI, renewable energy, biotech, and advanced manufacturing. Countries like China and the US are leading the world because their startups invest in deep tech and future-focused industries. If Pakistan continues to focus only on small-scale businesses and service-based models, we may struggle to compete in the long run.
A Call to Action for Pakistani Entrepreneurs
The time has come for Pakistani entrepreneurs to think beyond food delivery apps and online shopping platforms. We need visionaries who will bring AI-driven solutions, develop smart energy projects, and invest in technological advancements that can improve lives. Universities, investors, and the government must also support such initiatives to create an ecosystem that promotes real innovation.
If Pakistan truly wants to become a global player in technology and business, our startups must step up and work towards creating something revolutionary—something that doesn’t just serve today’s needs but also builds a better future.
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