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L&T bets Rs 5K cr on a new electronics biz

Larsen & Toubro (L&T) has carved out a new electronic products and systems (EPS) business, in which the engineering firm plans to invest about Rs 5,000 crore over the next five years to expand manufacturing, research and product development, senior executives told media persons on Wednesday. The investment is expected to create around 5,000 direct and indirect jobs.The company estimates the total addressable market for its portfolio will more than double to $4.85 billion by 2031 from ab…

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Economic TimesLean R·2h ago
L&T bets Rs 5K cr on a new electronics biz
Larsen & Toubro (L&T) has carved out a new electronic products and systems (EPS) business, in which the engineering firm plans to invest about Rs 5,000 crore over the next five years to expand manufacturing, research and product development, senior executives told media persons on Wednesday. The investment is expected to create around 5,000 direct and indirect jobs.The company estimates the total addressable market for its portfolio will more than double to $4.85 billion by 2031 from ab…
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L&T bets Rs 5K cr on a new electronics biz

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