There was a time when government spending to support particular industries was widely deplored as wasteful interference in free markets. A strong, customer–focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades.Economics, Politics and Public Policy in East Asia and the PacificĪuthor: John Edwards, Curtin University and Lowy Institute It operates in over 50 countries worldwide. Larsen & Toubro is a USD 23 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It will not only be able to undertake quality ship repair jobs and refits on the vessels of US Navy and the Military Sealift Command, but L&T’s global network of offices facilities will contribute towards logistics support in supply chain management. L&T’s Kattupalli Shipyard is one of the modern shipbuilding and ship repair facilities in this part of the world and is equipped with a heavy ship-lift, multiple dry and wet berths to concurrently enable building of new ships and undertaking repairs and refits. Earlier, Voyage Repairs of Marine Sealift Command (MSC) Fleet Support Ships – USNS Charles Drew and USNS Matthew Perry – were undertaken and completed on-time by L&T. This is the third US naval ship coming to the L&T Shipyard for Voyage Repairs. Ramachandran also received the USNS Salvor at the Kattupalli Shipyard for voyage repairs. L&T will dedicate all its dynamism, innovation, and Shipbuilding 4.0 techniques to meet the quality and delivery requirements of the US side.” We are happy to be of service to the US Navy and the Military Sealift Command.
AT Ramchandani, Executive Vice President & Head L&T Defence said: “This agreement marks a global recognition of our unmatched capabilities and facilities to undertake quality ship repairs and refits.
The agreement marks yet another step in the growing relationship between the biggest and the oldest democracies of the world, further strengthening the strategic partnership between them in the defence sector.Ĭommenting on the momentous occasion, Mr. This agreement will serve to strengthen our two nations’ strategic partnership and contribute to a free and open Indo-Pacific.” This historic agreement is a direct outcome of the 2022 US-India 2+2 Ministerial Dialogue and demonstrates US commitment to utilize repair facilities on a regular basis at the L&T shipyard in Kattupalli. Judith Ravin: “This MSRA is yet another milestone in our ever-expanding US-India partnership.
L&T’s Kattupalli Shipyard is a major node in India’s Southern Defence Corridor.
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