A file photo of L&T electronic goods
Mumbai (BNS): Indian engineering giant Larsen & Toubro (L&T) Tuesday signed a pact with the European Aeronautic Defence and Space Company (EADS) to set up a joint venture company at Talegaon near Pune to produce defence electronics items.
The JV entity will aim at design, development, manufacturing and related services in the fields of electronic warfare, radar, military avionics and mobile systems like modular bridges for military applications, L& T said in a statement here.
The formation of the joint venture company is subject to approval by the Indian Government.
“We welcome the formation of this joint venture that will create opportunities for development of state-of-the-art defence electronic products and systems for the Indian defence forces and for the rest of the world,” Chairman and Managing Director of L&T, A. M. Naik, said.
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