L&T Enters Industrial Electronics Segment with New LTEPS Business Vertical
Larsen & Toubro has entered the B2B industrial electronics market by launching L&T Electronic Products & Systems (LTEPS), a new business vertical with headquarters in Bengaluru and manufacturing at its Coimbatore campus. The company has commissioned two manufacturing lines targeting power electronics, mobility, industrial robotics, and communication platforms. This strategic move aligns with L&T's Lakshya 2031 vision to enhance technology leadership and support India's manufacturing self-reliance, with future plans to expand across a 40-acre zone covering the entire industrial electronics value chain.

*this image is generated using AI for illustrative purposes only.
Larsen & Toubro has made a strategic entry into the B2B industrial electronics segment with the launch of a new business vertical, marking a significant expansion of its technology portfolio. The company announced the commencement of industrial electronics manufacturing operations at its Coimbatore campus in Tamil Nadu on April 24, 2026.
New Business Vertical Launch
The newly established division, named L&T Electronic Products & Systems (LTEPS), represents the company's strategic move into high-growth, innovation-driven domains. The business vertical will operate with a dual-location structure, with headquarters in Bengaluru and manufacturing operations based in Coimbatore.
| Parameter: | Details |
|---|---|
| Business Vertical: | L&T Electronic Products & Systems (LTEPS) |
| Headquarters: | Bengaluru |
| Manufacturing Location: | Coimbatore Campus, Tamil Nadu |
| Initial Capacity: | Two manufacturing lines |
| Target Market: | Indian and global clients |
Strategic Focus Areas
LTEPS will concentrate on several key industrial electronics domains, leveraging L&T's existing expertise in Strategic Electronics. The new vertical will extend capabilities across multiple high-technology sectors:
- Power electronics
- Mobility solutions
- Industrial robotics & automation
- Communication platforms
- Electronics systems design & manufacturing (ESDM)
The division will adopt a comprehensive approach combining in-house R&D, strategic technology partnerships, and advanced testing infrastructure to deliver market-ready solutions to clients.
Leadership Vision
L&T Chairman & Managing Director S N Subrahmanyan emphasized the strategic importance of this expansion, stating that "The foray into industrial electronics is an important step towards our Lakshya 2031 aspiration of deepening technology leadership and enhancing India's self-reliance in critical manufacturing. With LTEPS, we are bolstering the nation's electronics manufacturing ecosystem while expanding our presence across high-growth, innovation-driven domains."
Future Expansion Plans
The company has outlined ambitious growth plans for LTEPS, with future expansions envisioned across a 40-acre zone within the Coimbatore campus. This expansion will encompass the entire industrial electronics value chain, including:
- Research & Development facilities
- In-house product development
- Electronics systems design & manufacturing
- Contract manufacturing services
- Design and engineering support
- Sourcing operations
- Testing and validation services
Company Background
Larsen & Toubro operates as a USD 30 billion Indian multinational corporation engaged in EPC Projects, Hi-Tech Manufacturing, and Services across multiple geographies. The company has maintained leadership in its major business lines for eight decades through a customer-focused approach and commitment to quality excellence.
Historical Stock Returns for Larsen & Toubro
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.98% | -2.56% | +20.10% | +2.44% | +21.61% | +203.45% |
How will L&T's entry into industrial electronics impact existing market leaders like Siemens and ABB in India's B2B electronics space?
What specific technology partnerships is L&T likely to pursue to accelerate LTEPS's capabilities in robotics and automation?
Could this move position L&T as a key beneficiary of India's PLI schemes for electronics manufacturing and export incentives?


































