Will be conscious of govt directives: L&T on partnering with Chinese firms

L&T Group Chief Financial Officer R Shankar Raman said Chinese firms, which it had contracted, are providing critical equipment for some of the projects and helping in implementing and operating them

Engineering major Larsen & Toubro (L&T) on Wednesday said it will be "conscious" of government's directives while getting into future partnerships with Chinese firms for fresh orders, even as it would continue with the existing tie-ups for contracts as most of them are for critical projects.

"...it's something that we need to work through because as you know the orders from supply from China are contractual orders and we cannot, based on political stance, immediately turn turtle. So we have to make sure that all the obligations are understood in whatever contracts we have signed," L&T Group Chief Financial Officer R