Zoho, a prominent software company, is entering the chipmaking arena with a hefty $700 million investment. While details are scarce, reports indicate the company seeks government incentives for its semiconductor project. Led by CEO Sridhar Vembu, Zoho aims to manufacture specialized compound semiconductors, aligning with India’s semiconductor industry aspirations. This move follows recent approvals for significant semiconductor investments in the country. Zoho’s strategic shift underscores its vision for future growth, tapping into India’s potential as a key market.