Engineering and construction major Larsen and Toubro (L&T) is betting on big orders from the defence segment in the second half of this fiscal to boost its order book and sustain growth momentum.
L&T’s MD and CEO S.N. Subrahmanyan told The Hindu, “In defence shipbuilding, after a long time, the government has come out with 9-10 requests for quotation (RFQs). If we are even lucky in getting one or two, our shipbuilding yard will be occupied. I am optimistic and it should happen in the next 3-4 months.” Read More…
