Zoho will invest Rs 50-100 crore and form a new research and development company.
It will focus on R&D in the manufacturing sector.
The firm’s plans coincide with the centre’s push to scale up manufacturing in India.
It will be established in the Kongu region of Tamil Nadu, CEO Sridhar Vembu said.
“An attempt to import substitution and develop high-end tech at the regional level to support the manufacturing sector,” Sridhar Vembu said.
Sridhar said the company will be set up in another three months.
It will set up a laboratory and identify the problem being faced by the industries.
Zoho is an Indian company that makes web-based business tools.
