L&T Wins Major Dubai Airport Order

Toubro has secured a ₹2,500–5,000 crore order for an Automated People Mover System at Dubai’s Al Maktoum International Airport. The order has been won by L&T’s Transportation Infrastructure business.L&T will execute the project in association with Japan’s Mitsubishi Heavy ***** Automated People Mover will provide passenger connectivity within the airport ***** project strengthens L&T’s presence in large international transportation-infrastructure ***** sizeable order also adds to the company’s already strong order ***** may track the stock for further details on execution timelines and margins.