Zoho to enter chip manufacturing with $700 million spend

1 year ago 23

CHENNAI: Software services firm

Zoho

is set to enter

semiconductor manufacturing

and is reportedly drawing up plans that entail $700 million in investment, according to Reuters. The company has approached the Union govt for subsidies in the

PLI scheme

and is currently under review by the

ministry of information and technology

(MeitY).

Article From: timesofindia.indiatimes.com
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