We are Delivering Defence Orders Ahead of Time, Says L&T’s AM Naik

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Finance and policy issues remain unaddressed by the government’, said Larsen and Toubro (L&T) group chairman AM Naik.

In an exclusive conversation with CNBC-TV18’s Latha Venkatesh, he said that the private sector are not given many defence orders.

“This is the biggest contract we got for 100 field guns. This is a current version of field guns. There are four types of guns, one they have cancelled because it did not succeed. So the government said that they will add those 180 guns which were cancelled to this 100 when you come and deliver 50. Now we are ahead of schedule,” he said. Read More…

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