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Larsen & Toubro Eyes $1 Billion Defence Revenue Amid India's Localization Drive

Aerospace & Defense

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Published on 20th November 2025, 12:27 AM

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Author

Abhay Singh | Whalesbook News Team

Overview

Larsen & Toubro expects its defence business to hit $1 billion in revenue this fiscal year, driven by India's focus on local defence manufacturing. This milestone makes L&T India's largest private defence supplier. The company is working on projects like light tanks and air defence systems for the Indian Army and Air Force, benefiting from government policies that mandate increased local procurement.