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The Economic Times
The Economic Times

Indian engineering giant L&T’s order wins signal Middle East revival

Middle East India LT the Middle East United States

Larsen & Toubro Ltd. has disclosed winning 13 orders since early July, with seven of those coming from the Middle East in a sign of revival in the region after the US-Iran war disrupted business.

While the engineering giant only shares a range instead of giving out the exact order value, a Bloomberg News estimate pegs the average at about 1.11 trillion rupees ($11.6 billion) in the ongoing quarter ending Sept. 30.

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