Zoho’s Sridhar Vembu warns of fundamental reckoning in India’s software industry

Zoho’s Sridhar Vembu has sounded an alarm about the future of India’s software and IT services sector, arguing that the industry is facing a fundamental reckoning-not just a cyclical downturn or a challenge from artificial intelligence, but a structural shift that will reshape the next several decades. In a post on X, Vembu contended that inefficiencies in products and services have long plagued the global software industry.