Zoho Group to Launch Semiconductor Venture in Odisha with ₹3,034 Crore Investment

 


Zoho Group, one of India's leading technology firms, is set to make a significant foray into the semiconductor industry with a planned venture in Odisha. The company has announced an investment of ₹3,034 crore for the establishment of a cutting-edge semiconductor manufacturing facility in the state. This move aligns with India's broader goal to become a self-reliant hub for electronics and semiconductor production.

Odisha, known for its favorable industrial policies and strategic location, has been attracting substantial investments in recent years. The Zoho Group’s semiconductor venture will likely boost local employment and technological growth, creating thousands of jobs and fostering innovation in the electronics sector.

This initiative reflects the increasing importance of semiconductor manufacturing in India’s economic growth and its global competitiveness in technology. The facility is expected to be a key contributor to meeting the rising domestic demand for semiconductors across industries such as automotive, telecommunications, and consumer electronics.

Zoho's investment reinforces Odisha's position as a growing industrial hub and emphasizes the group's commitment to supporting India's semiconductor ambitions.

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