Larsen & Toubro has been awarded a supply order by the Corps of Electronics and Mechanical Engineers (EME) of the Indian Army for the overhaul, upgrade and obsolescence management of the indigenous Pinaka Multi-Rocket Launcher Systems. This partnership represents a groundbreaking public-private collaboration in defense sustenance and lifecycle support.

Contract Details and Scope

The comprehensive partnership encompasses several critical areas:

Implementation Strategy

The programme focuses on managing outdated components, upgrading critical sub-systems and providing sustained technical support to Army Base Workshops. Under this initiative, 510 Army Base Workshop (ABW) EME will undertake overhaul and upgrade of critical electronics and systems, utilizing extensive domain knowledge inherent in Army Base Workshop.

L&T, as the Original Equipment Manufacturer, will supply critical spares and support modernization of sub-systems, enabling a shift from conventional maintenance practices to a structured, lifecycle-based sustenance and upgrade framework.

Phased Execution Plan

The implementation follows a structured approach:

Strategic Significance

This unique partnership between a domestic private OEM and the Indian Army represents a significant step for product lifecycle support of Made-in-India artillery systems. The collaboration aims to enhance long-term operational availability and modernization of Pinaka regiments currently in service.

The model is expected to serve as a blueprint for similar lifecycle management and upgrade programmes across other defense platforms, strengthening India's self-reliant defense ecosystem. This approach aligns with the Aatmanirbhar Bharat vision by leveraging indigenous design, manufacturing and systems integration capabilities.

Larsen & Toubro 's Minerals & Metals (M&M) business vertical has secured major orders from Steel Authority of India Limited (SAIL) and other customers for EPC projects and products in the domestic metals sector, the company announced on January 2.

Stock Performance and Recent Momentum

The stock was up 0.20% at ₹4,152.10 apiece during trading on Friday and has gained 11.80% in 2025. This latest order win adds to L&T's recent success streak, having won three orders collectively worth ₹15,000 crores in four days recently.

SAIL Partnership and Steel Plant Expansion

L&T and SAIL maintain a long-standing relationship spanning several decades, marked by successful execution of numerous metallurgical projects across India. Under SAIL's ambitious modernisation and expansion programme, the company plans to increase the crude steel capacity of the IISCO Steel Plant at Burnpur, West Bengal.

Critical Process Plants and Equipment

As part of the IISCO Steel Plant expansion, M&M has been awarded the complete engineering, procurement and installation package for critical process plants that form the core of the new steel complex:

• Coke Oven Battery
• By-Product Plant
• Basic Oxygen Furnace
• Specialised equipment package for material handling

Bokaro Steel Plant Project

Simultaneously, SAIL's Bokaro Steel Plant in Jharkhand is undergoing a major upstream expansion. L&T has been awarded a package to establish Sinter Plant 2, reinforcing its strong presence in the steel sector.

Additional Material Handling Orders

The M&M business has secured multiple orders for specialised material handling equipment from various clients across India:

Management Commentary

D K Sen, Advisor to CMD, Development Projects & Minerals & Metals, L&T, commented: "L&T has been a major contributor to India's industrial growth story in the metals sector, and our association with SAIL is a proud chapter in our journey. These orders underscore L&T's ability to deliver world-class metallurgical infrastructure with engineering precision, safety and sustainability at the core."

T Kumaresan, Senior Vice President & Head – Minerals & Metals, L&T, added: "The trust placed in L&T by SAIL once again validates our expertise in delivering complex, technology-intensive projects under challenging schedules. These wins reaffirm our commitment to delivering projects on time and demonstrate our technical capabilities."

According to L&T's order classification system, these contracts fall under the 'Major' category, representing orders valued between ₹5,000 crores to ₹10,000 crores. Larsen & Toubro is a USD 30.00 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, and Services.