Chip Foray Plan Adds $3 Billion to India Conglomerate’s Value

Lock
This article is for subscribers only.

Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.

India’s Murugappa Group added $3 billion in market value Wednesday after one of the conglomerate’s unit announced a foray into semiconductors.