The company has set up a new business vertical, L&T Electronic Products & Systems (LTEPS), which will be headquartered in Bengaluru, while manufacturing will be carried out in Coimbatore.
Initially, two manufacturing lines have been commissioned to provide electronics manufacturing services to both domestic and global clients.
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Chairman and Managing Director S N Subrahmanyan said the move aligns with the company’s long-term strategy. “The foray into industrial electronics is an important step towards our Lakshya 2031 aspiration of deepening technology leadership and enhancing India’s self-reliance in critical manufacturing,” he said.
Subrahmanyan added that the initiative will help strengthen India’s electronics manufacturing ecosystem while expanding L&T’s presence in high-growth, innovation-driven segments.
The LTEPS vertical will build on L&T’s existing capabilities in strategic electronics and focus on developing and manufacturing products across areas such as power electronics, mobility, industrial robotics and automation, communication platforms, and electronics systems design and manufacturing (ESDM).
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The company said the business will follow a blended approach combining in-house research and development, technology partnerships, and advanced testing infrastructure to deliver market-ready solutions.
Looking ahead, L&T plans to scale up operations at the Coimbatore facility, with future expansion planned across a 40-acre zone. The expansion aims to cover the entire industrial electronics value chain, including R&D, product development, contract manufacturing, design and engineering support, sourcing, testing, and validation services.
Larsen & Toubro is a $30 billion Indian multinational engaged in engineering, procurement and construction (EPC) projects, high-tech manufacturing, and services across global markets.
Shares of the company were trading 1.13% down at ₹4,008.20 as of 11.01 am. The stock has gained about 14% in the last month and more than 215 over the past 12 months.
