L&T wins largest defence order worth Rs 4,500 crore
DSIJ Intelligence / 12 May 2017
Larsen & Toubro has entered into a contract with the Ministry of Defence for the supply of 100 units of 155mm/ 52
Larsen & Toubro has entered into a contract with the Ministry of Defence for the supply of 100 units of 155mm/ 52
L&T in its BSE filing on Friday said that the contract is valued at about Rs 4500 crore and it is the largest order placed by the Ministry of Defence on a private Indian company.
It also said that this win affirms L&T’s position as India’s leading private sector defence company with capabilities to design, develop and manufacture state-of-the-art platforms and systems for the Indian armed forces.
This contract embodies the government’s ‘Make in India’ initiative, it also added.
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