How L&T aims to create a multi-billion dollar defence business driven by Modi government plans to modernise military

May 28, 2025 - 12:30
How L&T aims to create a multi-billion dollar defence business driven by Modi government plans to modernise military

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L&T is set to significantly expand its defence business, aiming for multi-billion dollar revenues, driven by government initiatives to boost domestic defence production and exports. The company plans to leverage its shipyard and expand facilities to meet growing demand for naval vessels and other military equipment.

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