We've food apps, China has AI, EV: Piyush Goyal's startup reality check
Thursday, 3 April 2025 Union Minister Piyush Goyal highlighted the disparity between Indian and Chinese startups, emphasizing that while Indian startups focus on food delivery and fantasy sports apps, Chinese startups concentrate on advanced technologies like EVs, AI, and semiconductors. He called for more domestic investment and innovation in the Indian startup ecosystem.
In New Delhi, Union Minister Piyush Goyal’s remark labeling many Indian startups as mere “dukaandars” has sparked intense debate. Startup founders, tech leaders, and citizens voiced their take on whether India’s startup ecosystem should focus on consumer delivery apps or pivot to deep tech...
Business Secretary Jonathan Reynolds and his Indian counterpart Piyush Goyal formally signed the UK-India trade agreement in the great hall of Chequers. The deal is set to be worth £6 billion in investment for the British economy and increase efforts to tackle illegal migration and organised crime. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
President Donald Trump has reignited global trade tension by declaring that the U.S. can “do whatever we want” as the July 8 deadline on reciprocal tariffs approaches. The 90-day pause on steep U.S. import duties—affecting several nations—is set to expire soon, with Trump refusing to confirm adherence to any deadline. While the EU faces a 50% tariff threat by July 9, Trump hinted flexibility, echoing his stance that America will act in its best interest. Amidst this uncertainty, Trump teased a “very big” trade deal with India, stating the U.S. has finalized partial deals with China and the UK and is working on opening India’s trade structure. Commerce Secretary Howard Lutnick and Indian Minister Piyush Goyal have confirmed negotiations are progressing. Trump suggested letters may soon be sent to over 200 nations outlining revised U.S. trade terms. The trade battlefield is heating up again—with Trump in full control.
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Tesla has officially entered India, launching its first showroom at Mumbai’s BKC with the Model Y on display. Priced at ₹61 lakh on-road, the Model Y marks Tesla’s push into India’s luxury EV space. Initially imported from Berlin, Tesla’s India debut has sparked praise and criticism—Donald Trump slammed the move as “unfair” due to U.S. export tariffs. While Indian officials welcome the launch, local automakers fear disruption. Tesla’s arrival may accelerate EV adoption and reshape India’s electric vehicle policy landscape.
#TeslaIndia #ElonMusk #ModelYIndia #TeslaLaunch #BKCShowroom #EVIndia #TrumpVsTesla #ElectricVehicles #TeslaMumbai #TeslaIndia #TeslaExperienceCentre #LuxuryEV #MakeInIndia #IndianEVMarket #GigaBerlin #EVRevolution #TeslaNews #AutoIndustry #PolicyShift #TrumpSlamsTesla #BreakingNews #EVAdoption #India2030 #GlobalAutoNews #ElectricMobility #TeslaInAsia
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Donald Trump lashed out at Elon Musk after the Tesla CEO launched his new “America Party,” calling the move “ridiculous” and branding Musk a “train wreck.” Trump warned Musk’s third-party push would hand Democrats an advantage and undermine GOP unity. Musk fired back, condemning both major parties as corrupt and vowing to shake up Congress in 2026. The clash escalates as Trump celebrates his anti-EV mandate bill and accuses Musk of personal lobbying and political chaos.
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Car industry needs to ‘shape up’ to compete with Chinese EVs, says Volvo CEO
“There is really no protection in the form of tariffs. The only protection for our industry is that we shape up and we need to be more competitive,” Volvo’s CEO told Euronews.
READ MORE : http://www.euronews.com/2025/07/07/car-industry-needs-to-shape-up-to-compete-with-chinese-evs-says-volvo-ceo
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Credit: euronews (in English) Duration: 08:00Published