L&T Atmanirbhar Bharat Abhiyan
Larsen & Toubro said that it was fully committed to achieving self-reliance for the domestic industry and reduce the dependence on imported products to support the ‘Atmanirbhar Bharat Abhiyan’. “L&T, India’s leading multinational engineering, construction, technology, and financial services conglomerate is creating a strong and feasible ‘Make in India’ ecosystem,” company said. The company said it has been involved in developing a strong supply chain of local vendor partners in its businesses nurturing the local manufacturing and construction ecosystem involved in producing efficient and cost-effective substitutes for the global markets. SN Subrahmanyan, CEO & MD, L&T, stated, “As a company involved in nation-building for more than eight decades, we firmly stand with the policy of manufacturing best-in-class products locally through ‘Make in India’. We can drastically reduce our dependency on imported products, including those from China, by putting processes and systems in place to develop a large scale, efficient and cost-effective domestic industrial ecosystem over a medium to long term.” The company said it is also at the forefront of construction of key national buildings, monuments and factories, construction of transportation and smart urban infrastructure, supporting defence forces by providing cutting-edge products and supplying critical components for Indian space programme.
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