Is L&T Semiconductor Technologies Revolutionizing India's Cellular IoT Module Market?
Synopsis
Key Takeaways
- L&T Semiconductor Technologies has entered the cellular IoT module market.
- The launch supports ‘Make in India’ and ‘Digital India’ initiatives.
- OEMs can integrate 4G modules into smart devices quickly.
- The Indian IoT module market is projected to grow over 20 percent CAGR.
- This initiative enhances India’s role in global technology advancements.
Mumbai, Jan 9 (NationPress) — In a significant advancement for the ‘Make in India’ and ‘Digital India’ initiatives, L&T Semiconductor Technologies Limited (LTSCT) has officially launched its cellular IoT module business at CES 2026.
This new venture enables OEMs and device manufacturers to swiftly integrate pre-certified 4G modules into smart devices, including energy meters, industrial sensors, and connected vehicles.
This initiative represents a strategic leap for India’s electronics sector, expediting product development while significantly reducing R&D costs for manufacturers, with a focus on both domestic and international markets, as stated by the company, a wholly-owned subsidiary of Larsen & Toubro (L&T).
“The demand for IoT connectivity is skyrocketing, and the electronics manufacturing landscape in India is evolving rapidly. As a fabless semiconductor enterprise, we specialize in designing high-performance chip solutions—expanding into modules allows us to provide complete, ready-to-integrate solutions to our clients,” remarked Sandeep Kumar, Chief Executive of L&T Semiconductor Technologies.
“We take pride in aiding manufacturers in accelerating their smart product strategies while solidifying India’s pivotal role in future technological advancements,” he added.
Savi Soin, Senior Vice President and President of Qualcomm India, stated that Qualcomm views India as a vital hub for hardware innovation and intelligent infrastructure.
“In line with the vision of Viksit Bharat, our partnership with LTSCT and other ecosystem participants aims to develop scalable IoT solutions that deliver outstanding performance while fostering local innovation and value creation in India,” Soin noted.
The company introduced its first module, powered by Qualcomm, designed to enable device manufacturers across various sectors to integrate connectivity swiftly, cost-effectively, and efficiently. This offering positions LTSCT as a reliable partner for smart device innovation, in harmony with significant government initiatives and the demands of a rapidly changing market.
With the rapid increase in IoT adoption across sectors such as automotive, energy, logistics, agriculture, manufacturing, and smart cities, the need for ready-to-use connectivity solutions is escalating.
The Indian IoT module market is anticipated to grow at over 20 percent CAGR, fueled by sectors like utilities, mobility, and industrial applications.