Zoho Halts $700M Semiconductor Plan
a year ago
- #semiconductor
- #innovation
- #India
- Zoho shelved its $700 million semiconductor-fab plan due to lack of confidence in the underlying technology and absence of government backing.
- India's semiconductor push faces challenges, as seen in the pause of Vedanta-Foxconn and the unraveling of the Adani-Tower Semiconductor deal.
- Sridhar Vembu highlighted India's strengths and weaknesses in innovation, emphasizing the need for deep-tech projects and scientific breakthroughs.
- Geopolitical tensions between the U.S. and China present an opportunity for India to position itself in the global semiconductor supply chain.
- India must address obstacles like capital intensity, technological hurdles, and talent retention to succeed in semiconductor manufacturing.
- A long-term commitment to R&D, strategic partnerships, and government-led initiatives is crucial for India's semiconductor ambitions.