L&T opens 1st foreign mfg unit in China

Larsen & Toubro (L&T) today opened its first electrical manufacturing facility abroad in China.

L&T has set up a wholly-owned subsidiary, L&T (Wuxi) Electric Company (LTW) in Wuxi, a city in east China with an investment of $11 million to make high-end switchgear products.

The state-of-the-art manufacturing unit will make high-end air circuit breakers (ACBs).

The factory was inaugurated by R N Mukhija, chairman of LTW and director of L&T, in the presence of Consul General of India in Shanghai, V Prakash, Vice Mayor of Wuxi, Tan Xue Ming and other senior officials.

The company also announced plans to establish two ventures, one in the valves sector and the other in rubber in the country.(PTI)