'Unless we start making the products we need, we cannot become a developed country or call ourselves an economic power.'
In 1996, when India was talking about services, Sridhar Vembu, who had his education at IIT-Madras and has a doctorate from Princeton University, co-founded AdventNet, which in 2005 became Zoho Corp, to create cloud-based software products.
Some 23 years later, it is said Zoho is worth $ 500 million with 45 million customers and 7,000 employees in seven countries including the US, Japan, China, The Netherlands, Mexico, Australia and Singapore.
Dr Vembu keep investing in more and more products that are being created in rural India.
"A politician cannot design a camera or a rice planter; they can only create the environment. It is for the private sector and the engineers to do it," Dr Vembu tells Rediff.com's Shobha Warrier in the concluding segment of a two-part interview: