Larsen and Toubro Aims for Major Growth in Defence Sector
May 28, 2025 - 05:04
Larsen and Toubro is set to embark on an ambitious expansion within the defence sector, with plans to develop a multi-billion dollar business. This strategic move is largely influenced by ongoing government initiatives aimed at modernising the military and enhancing national security capabilities. The company recognizes the growing demand for advanced defence technologies and is positioning itself to meet these needs.
In addition to focusing on domestic opportunities, L&T is also looking beyond national borders, exploring international markets to broaden its defence portfolio. The firm is actively investing in startups that specialize in innovative defence solutions, which could offer a competitive edge in a rapidly evolving landscape.
Moreover, L&T is targeting an expanded role in the nuclear power sector, further diversifying its business interests. This holistic approach not only reinforces the company's commitment to national defence but also aims to secure a significant foothold in the global defence market.
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