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Larsen & Toubro Ltd Eyes Defence Orders Worth Up To INR80 million-Business Standard

Tuesday, 18 Jun 2013 01:12am EDT 

The Business Standard reported that Larsen & Toubro Ltd is competing for defence contracts worth up to INR80 million that will be awarded in the next few months. It has bid for four contracts from the Indian coast guard to supply training ships and support vehicles, worth about INr40 million in total. The orders are likely to be finalised in the next six months. The government is planning to offer contracts to build four multipurpose landing platform docks, two of which will be given to private-sector firms. A request for proposals for the docks will be finalised in the next few months. 

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