Larsen And Toubro: L&T to foray into fabless semiconductor chip design, to invest Rs 830 crore to set up unit, ET Telecom

Larsen And Toubro: L&T has approved an investment of Rs 830 crore to set up a wholly-owned subsidiary that will be engaged in the business of fabless semiconductor chip design and product ownership and not manufacturing, said L&T chief financial officer, R Shankar Raman.

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