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L&T Semiconductor’s $10 Billion Bet on India’s Chip Future

L&T Semiconductor Technologies (LTSCT), a fully owned subsidiary of Larsen & Toubro (L&T), is gearing up for a major leap into semiconductor manufacturing with a planned investment exceeding $10 billion. However, this ambitious move hinges on the company’s ability to generate a strong revenue stream from its own semiconductor products before committing to such a massive capital expenditure.   Strategic …

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