B2B Purchase - Project Procurement Professionals

TCI
TCI
B2B Subscription
B2B Subscription

L&T affirms its commitment to self-reliant Indian industry

By | July 14, 2020 6:44 am SHARE

L&T affirms its commitment to self-reliant Indian industry
.

Larsen & Toubro, India’s leading multinational engineering, construction, technology, and financial services conglomerate is committed to achieving self-reliance for the domestic industry by creating a strong and feasible ‘Make in India’ ecosystem. L&T 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.

Explaining this, SN Subrahmanyan, CEO & MD, L&T, said: “With an unfortunate incident involving our brave soldiers at our border, sentiments are running high in the country. As a company involved in nation-building for more than eight decades, we firmly stand with the policy of manufacturing best-in-class products locally through ‘Make in India’.”

“We can drastically reduce our dependency on imported products including those from China by putting processes and systems in place to develop a large scale, efficient and cost-effective domestic industrial ecosystem over a medium to long term. The atmosphere is right for that and we should accelerate this. We are fully supportive of the Government of India’s initiatives and will do our best to contribute to Atmanirbhar Bharat Abhiyan,” added Subrahmanyan.

The company has been involved in developing a strong supply chain of local vendor partners in its businesses like it did for over 80 per cent localization for its 155mm/52 calibre tracked, self-propelled ‘K9 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.

As a long-term proponent of Make in India, Larsen & Toubro has been contributing for almost all key engineering and technological developments in the country for over eight decades. It played a significant role in the construction of almost all nuclear reactors for the power generation. It is also at the forefront of construction of key national buildings, monuments and factories, construction of transportation and smart urban infrastructure, supporting defence forces by providing cutting-edge products and supplying critical components for Indian space programs.

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

B2B eMagazine December 2024
B2B eMagazine December 2024

Events

Intralogistics and Warehousing expo
Constro 2025
Weldtech 2025
Chhattisgarh Mining Show
Odisha Mining Show
Metal Forming Expo
Roof India

Our Partners

Avians Innovations Technology
Volvo Penta
MB Crusher
Bullflex Rubbers
Cloos India Welding Technology
JSW Cement
Filtrec
Tacklers
BKT
Volvo
Blastline India
Sec RJMT
Power Screen
OLI Vibrators India
RSB Transmissions
Roots Auto Products
Rossi Gearmotors India
Abhay Rana Infra Service
Supreme Industries
Vermeer India
Ashar Locker India
Baudouin India
Doosan
Indo Chain
bondioli
Aquarius Engineers
Esquire Machines
Siddhivinayak Engg
Hectronic
Forech
Burner India
Mallcom
Kamlesh Metal
Tripcon
Terra Form Geotech
XPS India
Locwel
Molygraph
Velvex
RDC
Kennametal
SNTP
NBC Bearings
Enovation
HYVA
MMD
INGECO
Vishwakarma Perforators
Swagath Urethane Pvt Ltd
Build Smart