L&T forms Strategic Partnership with BEL for India's 5th-Generation Fighter Aircraft Programme

Larsen & Toubro (L&T) has formed a strategic partnership with Bharat Electronics Limited (BEL) to support Advanced Medium Combat Aircraft (AMCA) programme of the Indian Air Force. The consortium will participate in the Expression of Interest notice issued by Government of India's (GoI) Aeronautical Development Agency, by way of submitting a response in the coming weeks.

The partnership will leverage L&T's expertise in developing strategic defence and aerospace platforms, along with BEL's experience in defence electronics and systems, to jointly contribute to India's 5th-generation fighter aircraft.

The collaboration marks a significant milestone in advancing India's defence capabilities in line with GoI's vision for an 'Atmanirbhar Bharat'. By combining the strengths of the two leading defence technology providers, the partnership seeks to deliver a cutting-edge, highquality solution.

In the past, L&T and BEL have played pivotal role in India's indigenous Light Combat Aircraft programme by supplying major aero-structure modules and developing mission-critical avionics and electronic systems. Building on this legacy, the consortium will bring proven expertise and commitment to timely delivery of world-class defence and aerospace platforms for the Indian Air Force.

Commenting on the development, S N Subrahmanyan, Chairman & Managing Director, L&T, said: "The collaboration with BEL marks a significant leap in our commitment to the modernisation of India's defence capabilities. We are honoured to be working with BEL to deliver next-generation technologies for the Indian Air Force. Both the organisations are leaders in our respective domains and our combined efforts will play a crucial role in bolstering national security and advancing self-reliance in defence technologies".

Manoj Jain, Chairman & Managing Director, Bharat Electronics Limited, said: "The AMCA project represents India's growing capabilities in defence technology. Our collaboration with L&T is a crucial step in realising this vision. With L&T's engineering and systems integration capabilities and BEL's expertise in defence electronics, we are confident of delivering a world-class solution that will serve the Indian Air Force for decades to come".

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3658.30 as compared to the previous close of Rs. 3642.15. The total number of shares traded during the day was 36656 in over 6805 trades.

The stock hit an intraday high of Rs. 3672.25 and intraday low of 3615.00. The net turnover during the day was Rs. 133656369.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 LandT StrategicPartnership BEL India 5thGeneration FighterAircraftProgramme GoI ADA EOI AMCA