‘Zoho holds $700-mn chipmaking plan in a setback for India’:

Daily Current Affairs / ‘Zoho holds $700-mn chipmaking plan in a setback for India’:

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Category : Business and economics Published on: May 03 2025

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Indian software firm Zoho has suspended its year-long pursuit of a $700 million plan to foray into chip manufacturing, sources familiar with the matter said, dealing another blow to the government’s ambitious semiconductor plans.
Zoho struggled to find the right technology partner required to advise on the complex chipmaking processes, one of the sources said.

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‘Zoho holds $700-mn chipmaking plan in a setback for India’: