Mumbai, May 12, 2026: L&T Semiconductor Technologies Ltd (LTSCT), a leading Indian fabless semiconductor company and a wholly-owned subsidiary of Larsen & Toubro (L&T), today announced a multiyear license agreement with Synopsys Inc., a leader in engineering solutions from silicon to systems, to strengthen its advanced power electronics design capabilities and support India’s growing semiconductor ecosystem.

Under the multiyear agreement, LTSCT will adopt Synopsys’ simulation software to accelerate AI-enabled design and optimisation of next-generation power modules and intelligent power modules (IPMs). The collaboration is expected to enhance design efficiency, improve reliability and reduce development cycles by integrating simulation, physics-based modelling and data intelligence across the design workflow.

“The agreement with Synopsys is a pivotal step toward accelerating next-generation power solutions, designed and optimised through AI-driven multiphysics simulation. This collaboration enables LTSCT to design at the chip, package and system levels seamlessly. It will thereby enhance reliability, reduce development cycles and accelerate our time to market. Together, we are shaping a new paradigm in power electronics, one where intelligence, performance and sustainability converge”, said Sandeep Kumar, Chief Executive – LTSCT. 

The agreement enables LTSCT to leverage Synopsys’ multiphysics simulation technologies to enhance its design workflows across chip, package and system levels. As voltage levels scale from 1.2 kV to 10 kV, accelerating development timelines while ensuring design for reliability and design for manufacturing requires advanced modelling that integrates material science, metallurgical, thermo-mechanical and electro-mechanical properties. AI-enabled simulation will support optimisation across electrical, thermal and mechanical domains, enabling improved performance and reliability while reducing prototyping costs.

Speaking about the agreement, Padmesh Mandloi, Regional VP – Ansys Customer Excellence, Synopsys, said: “This agreement enables a significant leap in the evolution

India’s semiconductor design capabilities, especially in the fast-growing domain of intelligent power modules. Following Synopsys’ acquisition of Ansys, the combined portfolio of industry-leading multiphysics simulation technologies with AI-accelerated design platforms, offering solutions from silicon to systems, will empower LTSCT to innovate at the intersection of physics, data and intelligence. We enable innovators like LTSCT to redefine how power modules are designed and enable faster, more reliable and energy-efficient solutions that will power India’s journey toward sustainable mobility and smart manufacturing”.

The collaboration will empower innovation across key sectors, including electric mobility, renewable energy and industrial automation, advancing the next generation of intelligent power solutions.

LTSCT’s work will focus on developing integrated module architectures that combine power devices, gate drivers, protection circuits and control logic in compact form factors. Through AI-accelerated multiphysics modelling, LTSCT will now be able to simulate chip, package and system-level performance concurrently, improving design robustness while reducing prototyping costs.

This multiyear agreement reflects LTSCT’s continued investment in advanced design technologies and its commitment to strengthening India’s power electronics and semiconductor design ecosystem.

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The partnership will bring together Nagarro’s strengths in software engineering, digital integration, and innovation and Addverb’s expertise in robotics hardware and automation technologies. Both organizations will focus on joint solution development, including IP co-creation and knowledge exchange initiatives. It will also explore the establishment of advanced robotic experience centres and innovation-driven makerspaces to drive experimentation and accelerate technological advancement.

Sangeet Kumar, CEO and Co-founder of Addverb, said: “We believe the future of automation lies in unified ecosystems where software and robotics work as one. At Addverb, we are deliberately expanding our approach, from delivering best-in-class hardware to engineering intelligent, end-to-end solutions. This collaboration with Nagarro strengthens that direction, allowing us to co-create systems that are agile, scalable, and designed for the next generation of supply chains.”

Nagarro and Addverb will also jointly explore market opportunities across warehousing, manufacturing, and supply chain operations, leveraging mutual referrals and coordinated go-to-market strategies to expand their global footprint. It will be supported by a structured engagement model, with Nagarro focusing on software integration, digital solutions and platform capabilities, while Addverb will drive hardware deployment, automation systems, and lifecycle support services.

Ganesh Sahai, CTO, Nagarro, said, “Automation conversations often get stuck at isolated use cases. What this partnership will do is connect the dots between software, robotics, and operations. With Addverb, we can deliver systems that are designed to work end-to-end, and that translates directly into faster execution, better utilization, and more predictable outcomes.”

This collaboration reflects Nagarro’s focus on building integrated, AI-led engineering solutions that connect digital systems with physical operations, enabling clients to scale with greater speed and reliability.

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