Zoho shelves Rs 3.5k crore semiconductor project; Adani too said to be on pause mode
Adani Group and Zoho Corp are reportedly backing away from their semiconductor projects, dealing a blow to India's ambition to establish a domestic chip manufacturing ecosystem. Zoho cited a lack of confidence in the technology path, while Adani expressed concerns about weak demand and limited financial commitment from its partner.
Adani Group and Zoho Corp are reportedly backing away from their semiconductor projects, dealing a blow to India's ambition to establish a domestic chip manufacturing ecosystem. Zoho cited a lack of confidence in the technology path, while Adani expressed concerns about weak demand and limited financial commitment from its partner.
