Further, the company expects its orderbook to rise to ₹5 trillion by the end of this year or the first quarter of next year, much ahead of its own earlier estimates, a top official said.
The engineering and infrastructure conglomerate, along with its subsidiary L&T Technology Services (LTTS), will assemble a team to work on the chip design. The firm, which will not venture into chip manufacturing, intends to set up chip design labs in India - like in Bengaluru or Chennai and some design studios in the US.
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