Larsen & Toubro Ltd.

Larsen & Toubro (L&T) has signed a Memorandum of Understanding (MoU) with Bharat Electronics (BEL) to cater to the needs of evolving domestic and export markets for defence products and systems.

The MoU seeks to leverage the capabilities of both the firms for meeting the growing requirements of the Indian Armed Forces. The MoU also intends to leverage the well-developed supply chain, vast experience and expertise of BEL and L&T to synergize and enhance exports in the defence sector.

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $17 billion in revenue.