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Larsen & Toubro wins contract to build Nvidia AI factory in India

From CNA · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • India's Larsen & Toubro has secured a significant order from Nvidia to construct an AI factory.
  • The contract value is estimated between 100 billion and 150 billion rupees ($1.05 billion - $1.57 billion).
  • This deal marks a major development in India's growing role in the global semiconductor and AI infrastructure landscape.

Indian conglomerate Larsen & Toubro announced on Thursday it has secured a substantial order to build an artificial intelligence factory for the technology giant Nvidia. The project signifies a major step for India in the global AI infrastructure race.

The value of the contract falls within the range of 100 billion to 150 billion Indian rupees, which is approximately $1.05 billion to $1.57 billion USD. This significant investment underscores Nvidia's commitment to expanding its manufacturing capabilities and Larsen & Toubro's prominent position in executing large-scale industrial projects.

This collaboration highlights the increasing importance of India as a hub for advanced technology manufacturing. Larsen & Toubro, a major player in engineering, construction, and manufacturing, is well-positioned to deliver complex projects like AI factories, further solidifying its role in the global supply chain for cutting-edge technology.

DistantNews Editorial

Originally published by CNA in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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