MoneyWorks4Me

L&T affirms commitment to achieving self-reliance for domestic industry

23 Jun 2020 Evaluate

Larsen & Toubro (L&T) has affirmed its commitment to achieving self-reliance for the domestic industry by creating a strong and feasible 'Make in India' ecosystem. The company takes pride on being at the forefront of creating projects and products, some of the largest, biggest, and longest in the world - all made in India.

The company has been involved in developing a strong supply chain of local vendor partners in its businesses like it did for over 80% localization for its 155mm/52 calibre tracked, self-propelled '1(9 Vajra-T' guns, supplied to Indian army. It is also nurturing the local manufacturing and construction ecosystem involved in producing efficient and cost-effective substitutes for the global markets.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.

 

Peers
Company Name CMP
Larsen & Toubro 3860.00
Kalpataru Projects 1447.10
NCC 137.00
Rail Vikas Nigam 210.30
KEC International 402.50
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