Cross-Border Partnership to Boost India’s AI Data
Centre and
Semiconductor Ecosystem
Mumbai : L&T Semiconductor Technologies (LTSCT), a wholly-owned
subsidiary of Larsen & Toubro (L&T), has signed a Memorandum of
Understanding (MoU) with Azuremoto Technologies Inc., Taiwan, a provider of
semiconductor IP design and component solutions.
The MoU establishes a structured framework for
cross-border business cooperation across Silicon Carbide (SiC) power
semiconductor products for the AI Data Centre market, and Rectifiers and
MOS-based power semiconductor products targeting LTSCT's key business verticals
in India and worldwide.
Under the terms of the MoU, the collaboration spans
two primary product domains. The first encompasses SiC MOSFETs, diodes and
related modules and components for AI Data Centre applications such as power
supplies, server power architecture, uninterruptible power supply systems and
energy-efficient solutions. The second includes Rectifiers and MOS-based
semiconductor products for applications such as energy metering systems, HVAC
power control, solar inverter applications, BLDC motor drives and consumer electronics.
The MoU is structured around three key objectives – (1) Establishing a cooperative framework
for market development, customer engagement and joint promotional activities
targeting AI Data Centres, OEMs, ODMs and power solution providers, (2)
Defining a mutual technical support structure encompassing reference designs,
engineering samples, evaluation kits and application documentation, and (3)
Building a foundation for long-term supply arrangements, product customisation,
demand forecasting and potential codevelopment initiatives.
The parties have committed to executing a Definitive
Agreement as a Distribution, Supply or Joint Development Agreement within one
year.
Under the agreed structure, LTSCT will provide
product roadmaps, technical specifications, application guidance, engineering
samples and regulatory compliance support, and will participate in joint
customer engagements. Azuremoto will lead market development, sales and
customer relationship management within agreed territories, while delivering
first-line technical support, market intelligence, and coordinating joint
marketing efforts.
Commenting on this, Dr Sandeep Kumar, Chief Executive - LTSCT, said: “India is no
longer on the fringes of the global semiconductor map — it is shaping its
contours. This MoU with Azuremoto signals LTSCT’s intent to build India’s
semiconductor future through deliberate, strategic partnerships with leading
global ecosystems. The India–Taiwan corridor is emerging as a critical axis in
semiconductor development, and this collaboration positions LTSCT at its
centre, combining our fabless design capability and IP-led product vision with
Azuremoto deep ecosystem strengths”.
“We are not only addressing current demand for
high-performance power semiconductors but also building the foundation for a
resilient, cross-border value chain to serve AI infrastructure and industrial
power markets over the long term”, he added.
Stanley Lin,
Chief Executive Officer, Azuremoto Technologies Inc., said: “This partnership underscores Azuremoto’s
commitment to building a resilient, execution-driven power semiconductor
ecosystem globally. By combining LTSCT’s IP-led product vision and application
expertise in India, with Azuremoto’s Taiwan-based design know-how and
go-to-market execution, we are moving beyond a traditional distributor model
towards true co-design enablement.
“Our shared goal is to accelerate time-to-market for
high-performance SiC and power semiconductor solutions that meet the stringent
efficiency, reliability and scalability demands of AI Data Centres and
industrial applications worldwide”, he added.
The announcement comes at a pivotal moment for the
global semiconductor industry. India’s Union Budget 2026 introduced five-year
tax exemptions and near-zero import duties on semiconductor components,
signalling strong policy support for deeper India–Taiwan collaboration. The
India Semiconductor Mission 2.0 is accelerating the shift towards fabless
design and IP-led development, with Taiwan Semiconductor Manufacturing Company
already fabricating chip designs from Design Linked Incentive (DLI) scheme-backed
Indian start-ups.
At the same time, the broader trilateral model —
combining Japan’s capital, Taiwan’s ecosystem expertise and India’s engineering
talent — is taking shape. The MoU between LTSCT and Azuremoto reflects this
growing momentum.