Larsen & Toubro Ltd.

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Large Cap | Engineering - Construction
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L&T fast-tracks production of ships for Indian Coast Guard

Date: 04-07-2018

Larsen & Toubro (L&T) has fast-tracked production of ships for the Indian Coast Guard and has laid keels for two vessels on July 03, 2018, while system integration is on in two others slated for launch this year.

The company is building a series of in-house designed seven new generation offshore patrol vessels (OPVs) for the Indian Coast Guard against a 2015 contract stipulating deliveries between 2018 to 2021.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.