L&T Semiconductor Technologies Limited (LTSCT) has announced its foray into the cellular IoT module business at CES 2026, boosting the ‘Make in India’ and ‘Digital India’ initiatives. This move enables OEMs and device manufacturers to swiftly incorporate pre-certified 4G modules into various smart devices like energy meters, industrial sensors, and connected vehicles.
The entry of LTSCT into the IoT module sector signifies a significant advancement for India’s electronics industry, streamlining product development and reducing R&D costs for manufacturers. The company, a subsidiary of Larsen & Toubro (L&T), aims to cater to both domestic and international markets with this strategic expansion.
Sandeep Kumar, the Chief Executive of L&T Semiconductor Technologies, highlighted the surging demand for IoT connectivity and the rapid evolution of India’s electronics manufacturing landscape. By transitioning into modules, the company can provide comprehensive, plug-and-play solutions to its customers, leveraging its expertise as a fabless semiconductor firm.
Qualcomm India’s Senior Vice President and President, Savi Soin, emphasized India’s pivotal role in hardware innovation and intelligent infrastructure. The collaboration between Qualcomm and LTSCT aims to develop scalable IoT solutions that offer top-notch performance, fostering local innovation and value creation in line with the vision of Viksit Bharat.
The newly unveiled module, powered by Qualcomm, is designed to facilitate quick and cost-effective integration of connectivity for device manufacturers across various sectors. LTSCT’s offering positions it as a reliable partner for smart device innovation, aligning with key government programs and the evolving market demands.
The escalating adoption of IoT across sectors like automotive, energy, logistics, agriculture, manufacturing, and smart cities is driving a rapid increase in demand for off-the-shelf connectivity solutions. The Indian IoT module market is forecasted to witness over 20% CAGR growth, primarily fueled by applications in utilities, mobility, and industrial domains.
