Wednesday, 1 November, 2023

L&T to Invest ₹830 Crore to Establish Fabless Semiconductor Chip Design Unit

Larsen & Toubro (L&T), one of India's leading conglomerates, is set to make an investment of ₹830 crore to establish a fabless semiconductor chip design unit. This strategic move underscores L&T's commitment to advancing technology and innovation within the semiconductor industry. The investment is expected to foster chip design capabilities, furthering India's position in the global semiconductor ecosystem and reinforcing L&T's presence in the technology sector.