Larsen & Toubro (L&T), an engineering and construction giant based in Mumbai, is projecting a 3 to 3.5 times increase in its nuclear energy business revenues over the next five years. This optimistic outlook is driven by a global shift towards nuclear power, particularly due to rising electricity demands from emerging sectors like artificial intelligence (AI) and data centers. L&T has been involved with India's nuclear program since its inception, and the company plans to support the government's goal of increasing nuclear capacity from 8.8 GW to 100 GW by 2047. The firm is also assessing international opportunities, as approximately 32 countries are planning to expand their nuclear capacities, which could create demand for L&T's engineering and manufacturing capabilities. While L&T will not own or operate nuclear power plants, it aims to focus on engineering, procurement, and construction (EPC) and project management contracts. The company is also in talks with global technology providers regarding both large reactors and small modular reactors (SMRs). However, challenges such as cost competitiveness and the need for policy support remain critical for the pace of nuclear expansion.