Wednesday, 30 August 2017

Larsen & Toubro sees $28 billion golden goose in India’s defense orders

SOURCE: Bloomberg Fresh from winning its biggest defense contract in May, Larsen & Toubro Ltd. is planning to bid for $28 billion of orders including warships and submarines in India as Prime Minister Narendra Modi breaks with tradition to embrace private, local suppliers. India’s new defense purchase policy that allows non-state local firms to compete for orders from […]

The post Larsen & Toubro sees $28 billion golden goose in India’s defense orders appeared first on Indian Defence Research Wing.



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