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RAJIV GUPTA (SEBI RA)

8th Jan · SEBI-Registered Analyst

Partnership Between L&T and Indian Army - Larsen & Toubro Ltd

Code BSE: 500510 NSE:

LT
Partnership Between L&T and Indian Army for Sustenance & Upgradation of In-Service Pinaka Rocket Launcher Systems L&T has been awarded a supply order by the Corps of Electronics and Mechanical Engineers (EME) of the Indian Army, for the overhaul, upgrade and obsolescence management of the indigenous Pinaka Multi-Rocket Launcher Systems. This unique partnership between a domestic private OEM (Original Equipment Manufacturer) and the Indian Army, for sustenance of frontline artillery systems, is a significant step for product lifecycle support of Made-in-India, in-service Artillery systems. The partnership with the Corps of EME of the Indian Army aims to enhance longterm operational availability and modernisation of Pinaka regiments currently in service with the Indian Army. The programme will focus on managing outdated components, upgrading critical sub-systems and providing sustained technical support to the Army Base Workshops. This affiliation shall also re-enforce Public Private Partnership model in defence sustenance and lifecycle support for frontline artillery systems.

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