Zoho cabinets Rs 3.5k crore semiconductor undertaking; Adani too stated to be on pause mode
BENGALURU: Adani Group and Zoho Corp are each stated to be backing off from their bold semiconductor initiatives, a setback to India’s plans to develop an indigenous chip manufacturing ecosystem. Whereas Zoho founder Sridhar Vembu confirmed the transfer, the Adani information was reported by Reuters based mostly on sources. Adani Group was in discussions with…