India’s journey towards becoming a global technology power depends on its ability to design and build affordable capital goods at home, according to Zoho cofounder Sridhar Vembu.
Vembu shared his views while responding to a post on X by the head of Indian manufacturing firm Ranoson. The company’s leader announced that Ranoson had deployed its 4th CNC machine, which was fully engineered in house. CNC machines are used for the fabrication of a wide range of industrial products.
In the post, the Ranoson chief said the milestone marked steady progress towards replacing imported machines with domestically designed ones. He wrote, “Today, for this particular capacity, we operate more machines of our own design than imported ones. That shift wasn’t overnight, and it didn’t come cheap. But it was worth it. Many more to come.”
Responding to this, Vembu praised the effort and stressed the long term value of investing in capital goods. He said, “The best craftsmen make their own tools. The path to Bharat’s rise as an economic and technological power is through capital goods, custom-designed and low-cost.”
The Zoho CEO added that focusing on affordable, custom built tools could give Indian companies a strong edge over global competitors. He also indicated interest in visiting Indian factories that are investing heavily in research and development for such technologies.
This is not the first time Vembu has highlighted the importance of capital goods for India’s economic growth. In recent remarks, he suggested that mastering advanced capital goods could lead to higher income levels across the country.
Vembu has consistently called for greater self reliance in technology and manufacturing. He has earlier proposed a long term national mission to reduce dependence on US technology platforms. Zoho products such as Arattai and Zoho Mail have emerged as alternatives to platforms like WhatsApp and Gmail, though large scale adoption across India is still evolving.
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