India semiconductor ambition grows with L&T joining chip effort

Quick Summary:

Larsen & Toubro Ltd.is investing over $300 million to establish a fabless chip company in India, aiming to design 15 products by year-end and start sales in 2027.

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It plans to design 15 products by the end of this year and start sales in 2027, Sandeep Kumar, head of L&T Semiconductor Technologies, said in an interview.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: IndiaBangladeshChinaGermanyIsraelJapanSingaporeTaiwan

Topics: Tata group China Chip Adani group

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-11 @ 10:11:16 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 802 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 22455288

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