Semiconductor sector: USD 10 billion investment planned by L&T for fabrication plant
The wholly owned subsidiary of Larsen & Toubro (L&T), L&T Semiconductor Technologies (LTSCT) has plans to invest over USD 10 billion to set up a silicon fabrication (fab) plant. This comes after it the firm gains clear visibility by 2026-27 of hitting at least a USD 1 billion per annum revenue run rate by selling its own designed and patented chips and semiconductor products.
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