L&T Wins Largest Private Sector Defence Order Worth Rs 4500 Crore

Larsen & Toubro has entered into a contract with the Ministry of Defence for the supply of 100 units of 155mm/ 52 calibre tracked self-propelled gun systems to the Indian Army.

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 Defence Ministry on an Indian Private 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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