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 strategic collaboration is to drive indigenisation efforts and harness the collective expertise of both organisations to accelerate innovation and technological advancements in areas of mutual interest.

The MoU delineates a comprehensive framework for collaborative research, development, and training initiatives, with an emphasis on the creation of Make-in-India Integrated Circuit (IC) / System-on-Chip (SoC) and Electronics System Design & Manufacturing (ESDM) solutions for automotive, industrial, and energy applications.

The opportunities to strengthen India’s economic foundation through indigenous semiconductor design & development are immense, particularly by reducing reliance on electronic imports from abroad. The collaborative efforts in developing specialised semiconductor technologies will be pivotal in advancing Indian processor cores, Intellectual Properties, and SoCs – the most cost-intensive components within the semiconductor value chain.

Congratulating both the organisations, Dr Sunita Verma, Group Coordinator, (R&D E&IT) from the Ministry of Electronics and Information Technology (MeiTY), said: “The signing of this MoU between L&T Semiconductor Technologies and C-DAC indicates the Government’s commitment to fostering public-private partnerships that drive innovation and economic growth. This collaboration not only underscores the importance of indigenisation in the semiconductor sector but also paves the way for India to take a leadership role on the global stage. We look forward to the transformative impact that this partnership will have on the nation’s technological landscape.”

Speaking on the occasion, Mr Sandeep Kumar, Chief Executive – LTSCT, said: “This collaboration, led by LTSCT, will create a powerful commercialisation programme for advanced technologies created by C-DAC in semiconductor design & development, embedded software, open-source OS, HPC and power systems. C-DAC’s deep pipeline of indigenous IPs, including the VEGA processor, application design and FPGA validation will be turned into global product opportunities by LTSCT. The joint efforts are anticipated to yield innovative products and solutions that will benefit diverse sectors of the Indian economy while significantly enhancing the nation’s technological capabilities and positioning India as a leader in each of the sectors.”

Mr Magesh E, Director General – C-DAC, highlighted that the collaboration will significantly boost the semiconductor industry and strengthen the Digital India RISC-V (DIR-V) ecosystem. “The partnership in developing Vega based indigenous ICs and SoCs is set to accelerate the vision of Atma Nirbhar Bharat by enabling the development of cutting-edge products and solutions for automotive, industrial, ICT infrastructure and the energy sectors. With a shared vision and the capability to deliver world-class solutions, this collaboration is expected to break new ground in semiconductor and related domains,” he said.

Both LTSCT and C-DAC have expressed unwavering enthusiasm for the potential outcomes of this collaboration and reaffirm their commitment to working in concert to achieve a shared vision in meeting country dreams.  LTSCT is committed to being a trusted partner to the Government of India, playing a crucial role in realising the vision of technological self-reliance on the global stage.

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