InvestorQ : Is it true that L&T has received defence orders from the government?
Archita Jajjoo made post

Is it true that L&T has received defence orders from the government?

Answer
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Niti Shenoi answered.
4 weeks ago


The defence arm of Larsen & Toubro secured orders from the Indian Ministry of Defence for the supply of 4 regiments of Pinaka Weapon Systems. This is a comprehensive order consisting of Pinaka launchers, battery command posts and engineering support.

The order value is estimated to be in the range of around Rs.2500 crore. The Pinaka launch system has been developed locally by L&T as part of Pinaka development program of DRDO. It is an all-weather and all-range fire artillery weapon system.

This is the third such order that L&T has executed and has already done two regiments of Pinaka systems earlier. L&T is one of the companies to benefit from the government plan to substantially in-source defence procurement rather than relying on foreign suppliers.