L&T Partners France-based Exail for Indian Navy's Unmanned Mine Counter Measure Suite

2 min read     Updated on 14 May 2026, 02:19 PM
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Larsen & Toubro has collaborated with France-based Exail to provide an Unmanned Mine Counter-Measure Suite for the Indian Navy's 12 Mine Counter Measure Vessels programme. L&T will act as prime contractor while Exail contributes globally proven MCM technologies. The partnership supports India's Aatmanirbhar Bharat and Make in India initiatives, reinforcing Indo-French defence cooperation.

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Larsen & Toubro has entered a strategic collaboration with France-based Exail to deliver an advanced Unmanned Mine Counter-Measure (MCM) Suite for the Indian Navy's Mine Counter Measure Vessels (MCMVs) programme. The announcement was made on May 14, 2026, through a press release issued by the company's Corporate Brand Management & Communications division.

Partnership Structure and Scope

Under the collaboration, L&T will serve as the prime contractor, offering the Unmanned MCM Suite to all shipyards participating in the Indian Navy's upcoming programme for 12 Mine Counter Measure Vessels. Exail will serve as the technology partner, contributing its globally proven MCM technologies that are already in operation with several navies worldwide and validated through extensive real-world deployments.

The key details of the collaboration are outlined below:

Parameter: Details
Programme: Indian Navy's Mine Counter Measure Vessels (MCMVs)
Number of Vessels: 12 Mine Counter Measure Vessels
L&T Role: Prime Contractor
Exail Role: Technology Partner
Exail Headquarters: France
Announcement Date: May 14, 2026

Capabilities of the Unmanned MCM Suite

The Unmanned MCM Suite will incorporate autonomous and remotely operated systems designed to perform a comprehensive range of mine warfare functions. The suite is engineered to:

  • Detect naval mines in a safe, stand-off manner
  • Classify and identify detected threats
  • Neutralise naval mines without endangering personnel or vessels

This capability set represents a significant advancement in India's mine countermeasure infrastructure, enhancing overall maritime security.

Strategic and Policy Alignment

The partnership is aligned with the Government of India's Aatmanirbhar Bharat and Make in India initiatives. The programme will incorporate strong local industrial collaboration and capability development, contributing to the building of a robust and self-reliant naval defence manufacturing ecosystem in India. The collaboration also reinforces Indo-French defence cooperation.

Leadership Commentary

Senior executives from both organisations commented on the strategic significance of the partnership.

Arun Ramchandani, Senior VP & Head – Precision Engineering & Systems, L&T, said: "This partnership brings together L&T, with its extensive defence products legacy and maritime capabilities, and Exail, a global leader in unmanned maritime systems and mine warfare technologies. Exail contributes decades of proven operational expertise, while L&T leverages its strengths in defence engineering, indigenous manufacturing, complex system integration and lifecycle support."

Jérôme Bendell, CEO – Maritime Systems Business Line, Exail, said: "We are proud to partner with L&T on this strategic programme for the Indian Navy. Beyond delivering a proven unmanned mine countermeasures capability, this collaboration also reflects a shared ambition to support the long-term development of sovereign unmanned maritime systems in India. By combining Exail's operational expertise with L&T's strong industrial and integration capabilities, we see significant potential to contribute to the local development and production of next-generation naval drones and autonomous mission systems."

About the Companies

Larsen & Toubro is a USD 32 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, Products and Services, operating across diverse domains and multiple geographies. Exail is a leading high-tech industrial company specialising in cutting-edge robotics, maritime, navigation, aerospace and photonics technologies, delivering performance, reliability and safety to civil and defence clients operating in severe environments.

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Which Indian shipyards are likely to compete for the 12 MCMV contracts, and how might L&T's role as prime contractor influence the bidding dynamics?

How could this L&T-Exail collaboration serve as a blueprint for future Indo-French defence co-production agreements under bilateral defence frameworks?

What is the projected timeline for technology transfer and local manufacturing ramp-up, and could India eventually export indigenously produced MCM systems to third-party navies?

L&T Secures Significant EPC Orders for Extra-High Voltage Substations in the Middle East

1 min read     Updated on 14 May 2026, 09:17 AM
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Larsen & Toubro's Power Transmission & Distribution business vertical won significant EPC orders valued between ₹1,000 crore and ₹2,500 crore from Middle East clients, announced on May 13, 2026. The orders cover construction of one 380 kV and two 132 kV extra-high voltage substations on a turnkey basis, aimed at ensuring reliable power supply to large load centres and decongesting regional grids.

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Larsen & Toubro 's Power Transmission & Distribution (PT&D) business vertical has secured a batch of EPC orders from prestigious clients in the Middle East for setting up extra-high voltage substations. Announced on May 13, 2026, the orders are classified as 'Significant' under the company's order classification framework, corresponding to a value range of ₹1,000 crore to ₹2,500 crore.

Order Details

The orders pertain to the construction of three high-capacity substations on a turnkey basis, to be executed against stringent timelines. The following table summarises the key parameters of the awarded orders:

Parameter: Details
Order Classification: Significant
Order Value Range: ₹1,000 to ₹2,500 crore
Contract Type: EPC (Turnkey Basis)
Region: Middle East
Substations: One 380 kV substation and two 132 kV substations

These high-capacity substations are intended to ensure the availability of reliable power to large load centres and to decongest grids, enabling them to meet growing electricity demands in the region.

About L&T's Power Transmission & Distribution Business

The PT&D business vertical is a major EPC player providing technology-driven, end-to-end solutions for enabling access to clean and reliable electricity. It offers integrated EPC services and related digital energy solutions, spanning from the establishment of smart and efficient transmission and distribution networks to last-mile electrification. The business serves a diverse client base including utilities, renewable energy developers, and industrial and infrastructure customers.

The PT&D vertical operates across 30 countries in the following regions:

  • SAARC
  • ASEAN
  • Middle East
  • Africa
  • North America
  • CIS regions

L&T's Order Classification Framework

Larsen & Toubro uses a defined classification system to categorise orders by value. The table below outlines the complete framework:

Classification: Value in ₹ Crore
Significant: 1,000 to 2,500
Large: 2,500 to 5,000
Major: 5,000 to 10,000
Mega: 10,000 to 15,000
Ultra-Mega: > 15,000

About Larsen & Toubro

Larsen & Toubro is a USD 32 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, Products and Services, operating across diverse domains and multiple geographies. The company has sustained leadership in its major lines of business for eight decades, with a strong focus on AI and technology, customer-centric approach, and a commitment to top-class quality.

Historical Stock Returns for Larsen & Toubro

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How might L&T's growing Middle East order book impact its PT&D revenue contribution as a percentage of total consolidated revenues in FY2027?

Could the increasing demand for extra-high voltage substations in the Middle East signal a broader regional energy infrastructure investment cycle that L&T could capitalize on beyond this batch of orders?

How is L&T positioning its PT&D business to compete against global EPC rivals like ABB, Siemens, and local Middle Eastern contractors as regional grid modernization spending accelerates?

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