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Larsen and Toubro bets big on semiconductors and data centres for next growth wave

Business
Published on 6 May 2026
Larsen and Toubro bets big on semiconductors and data centres for next growth wave

Five year plan targets tech bets that could reshape growth

Larsen & Toubro is navigating near-term pressure while positioning for long-term growth through technology-led ventures. The firm expects improvement in the second half of the year and outlined a five-year plan with heavy investment in semiconductors and data centres. For execution and expansion, it is also leaning on international opportunities, notably the Middle East, to strengthen its order book.

  • L&T sees a recovery in the second half of the year
  • Semiconductors and data centres are central to its five-year plan
  • The company is pivoting toward technology and new businesses
  • Middle East markets are key to order book execution
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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