StockWatch
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Civil Construction
Deals20 Aug 2026, 10:03 am

L&T Secures Large Order for Dubai Airport People Mover System

AI Summary

Larsen & Toubro (L&T), in consortium with Japan's Mitsubishi Heavy Industries (MHI), has won a significant order to design and build the Automated People Mover (APM) System for Phase 1 of Dubai's Al Maktoum International Airport. This project is a crucial part of the airport's expansion to become the world's largest. L&T's scope includes the turnkey delivery of the integrated APM system, covering design, construction, supply, testing, commissioning, and operational readiness. The order is classified as 'Large' by L&T's internal classification, indicating a value between ₹2,500 Cr to ₹5,000 Cr. This win strengthens L&T's position in the GCC's growing mobility infrastructure sector.

Key Highlights

  • L&T consortium wins large order for Dubai Airport's APM system.
  • Project is key to Al Maktoum International Airport's expansion.
  • Order value falls under L&T's 'Large' classification (₹2,500 Cr - ₹5,000 Cr).
  • Enhances L&T's credentials in the West Asian transit sector.
  • Highlights L&T's integrated systems delivery capabilities.