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The Economic Times
The Economic Times

L&T says unit that houses drones to see threefold revenue growth over five years

Drone Larsen and Toubro LT the Indian Air Force India

Bengaluru:Larsen and Toubro expects revenue ​from the unit which ​also develops drones and unmanned aerial systems, to ​triple over the next five years as it expands capacity in India's defence technology sector, a senior executive said on Friday.

The company's ‌Precision Engineering ⁠and Systems ⁠division currently accounts for about 3% of the construction and engineering ​major's overall revenue.

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