Engineering major Larsen &Toubro is planning to invest Rs 1,000 crore to set up tank manufacturing and missile facilities. Maharashtra, Gujarat and Tamil Nadu are on the radar for setting up the facilities.
Speaking to Business Standard at L&T's Kattupali Shipbuilding unit, Jayant D Patil, member of the Board & whole time director (defence business) at Larsen and Toubro said that a full-fledged tank will be rolled out from the company's Hazira facility near Surat, where it manufactures 'tracked' vehicles for the military.
Kattupali Shipbuilding unit is one of the nine facilities for the company's defence business in India. The company will