Business Update24 Apr 2026, 10:06 am
L&T Enters Industrial Electronics Segment
AI Summary
Larsen & Toubro (L&T) has entered the B2B industrial electronics space with the commencement of manufacturing at its Coimbatore campus in Tamil Nadu. The new business vertical, L&T Electronic Products & Systems (LTEPS), will be headquartered in Bengaluru, with manufacturing in Coimbatore. Initially, two manufacturing lines are commissioned to serve Indian and global clients. This move aligns with L&T's Lakshya 2031 aspiration to enhance technology leadership and self-reliance in manufacturing. LTEPS will focus on power electronics, mobility, industrial robotics & automation, and communication platforms.
Key Highlights
- L&T launches L&T Electronic Products & Systems (LTEPS) for industrial electronics.
- LTEPS will manufacture in Coimbatore and be headquartered in Bengaluru.
- The initiative aligns with L&T's Lakshya 2031 goals for technology leadership.
- LTEPS will focus on power electronics, mobility, and industrial automation.
- Future expansion is planned across a 40-acre zone in Coimbatore.