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ITNewspapersThe Economic Times

Zoho suspends $700 million chipmaking plan in latest setback for India, sources say

Mathew C S
By Mathew C SMay 2, 2025

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 Indian government’s ambitious semiconductor plans.

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