Govt should give a strong push for private sector investment in R&D in the Budget: Zoho cofounder Sridhar Vembu

Zoho co-founder Sridhar Vembu urged the government to push private companies to raise R&D spending through incentives and pressure in the Budget. He warned that GCC-led growth risks exporting talent while intellectual property and profits remain overseas. Zoho, meanwhile, launched its ERP suite and plans further expansion across India.