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Larsen & Toubro Limited ( (IN:LT) ) has shared an update.
Larsen & Toubro has secured a supply order from the Corps of Electronics and Mechanical Engineers of the Indian Army to overhaul, upgrade and manage obsolescence for the in-service, indigenous Pinaka multi-rocket launcher systems. The partnership, which positions L&T as the private-sector OEM counterpart to the Army’s 510 Army Base Workshop, is designed to improve long-term operational availability and modernisation of Pinaka regiments by shifting from traditional maintenance to a structured lifecycle-based sustenance framework. Under an initial pilot phase, L&T and 510 ABW will jointly overhaul a Pinaka launcher and Battery Command Post, after which the Army workshop will take the lead on remaining systems while L&T continues to supply critical spares, technical support and quality oversight. The initiative reinforces the public–private partnership model in defence sustenance and lifecycle support, strengthening domestic capabilities for maintaining frontline artillery systems and supporting the broader ‘Made in India’ defence ecosystem.
More about Larsen & Toubro Limited
Larsen & Toubro Limited (L&T) is a major Indian engineering, construction and technology conglomerate that also operates as an original equipment manufacturer (OEM) in defence. The company is involved in the design, manufacture and support of indigenous military systems, including artillery and rocket launcher platforms for the Indian armed forces, aligning with India’s broader push for self-reliance in defence equipment.
Average Trading Volume: 132,276
Technical Sentiment Signal: Buy
Current Market Cap: 5707.1B INR
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