{"id":914383,"date":"2025-03-15T09:30:52","date_gmt":"2025-03-15T04:00:52","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=914383"},"modified":"2025-03-15T09:56:46","modified_gmt":"2025-03-15T04:26:46","slug":"zoho-founder-sridhar-vembu-blames-indias-it-industry-for-creating-financial-bubble-sucked-all-oxygen","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/03\/15\/zoho-founder-sridhar-vembu-blames-indias-it-industry-for-creating-financial-bubble-sucked-all-oxygen\/","title":{"rendered":"Zoho founder Sridhar Vembu blames India\u2019s IT industry for creating financial bubble: \u2018Sucked all oxygen\u2019"},"content":{"rendered":"<p>The IT industry in India has been a primary growth driver for the country&#8217;s economy over the past many years, with rising exports, innovation and employment. However, Zoho founder Sridhar Vembu has a different take on the booming industry, which he said has \u201csucked all the oxygen\u201d. <\/p>\n<p>In a post on X, Vembu sounded an alarm on \u2018financial bubbles\u2019, which can suck resources and leave us with decreased capabilities. In the Indian context, the IT industry has acted as a financial bubble for a long time, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The IT industry in India has been a primary growth driver for the country&#8217;s economy over the past many years, with rising exports, innovation and employment. However, Zoho founder Sridhar Vembu has a different take on the booming industry, which he said has \u201csucked all the oxygen\u201d. In a post on X, Vembu sounded an alarm on \u2018financial bubbles\u2019, which can suck resources and leave us with decreased capabilities. In the Indian context, the IT industry has acted as a financial bubble for a long time, he said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-914383","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/914383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=914383"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/914383\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=914383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=914383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=914383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}