L&T Launches New B2B Industrial Electronics Venture in Tamil Nadu
L&T ventures into B2B industrial electronics segment under LTEPS
The Economic TimesImage: The Economic Times
Larsen & Toubro Ltd. (L&T) has entered the B2B industrial electronics market by launching L&T Electronic Products & Systems (LTEPS) at its Coimbatore facility in Tamil Nadu. This initiative aims to enhance India's self-reliance in electronics manufacturing and will include a comprehensive range of services from R&D to contract manufacturing.
- 01L&T has launched a new business vertical, LTEPS, for industrial electronics.
- 02The manufacturing facility is located in Coimbatore, Tamil Nadu.
- 03LTEPS aims to cover the entire industrial electronics value chain.
- 04The initiative supports India's goal of self-reliance in critical manufacturing.
- 05L&T plans to expand operations within a 40-acre zone in Coimbatore.
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Larsen & Toubro Ltd. (L&T) has officially ventured into the B2B industrial electronics sector with the establishment of L&T Electronic Products & Systems (LTEPS) at its Coimbatore campus in Tamil Nadu. This new business vertical will be headquartered in Bengaluru and aims to provide comprehensive electronics manufacturing services to both Indian and global clients. L&T has already commissioned two manufacturing lines and plans to expand its operations across a 40-acre zone in Coimbatore, covering the entire industrial electronics value chain, including research and development, product development, and contract manufacturing. L&T Chairman & Managing Director S N Subrahmanyan emphasized that this initiative aligns with the company's 'Lakshya 2031' aspiration to enhance technology leadership and promote self-reliance in critical manufacturing sectors in India. The LTEPS will focus on developing and manufacturing products in key areas such as power electronics, industrial robotics, and communication platforms.
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The establishment of LTEPS is expected to create job opportunities in Coimbatore and enhance the local electronics manufacturing ecosystem, contributing to economic growth.
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