L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

· rediff.com

Larsen & Toubro (L&T) is investing Rs 5,000 crore over five years to enter the automotive components sector, focusing on electric vehicle (EV) motors, safety systems, and connected-vehicle technologies, aiming to become a Tier-I auto supplier.

Larsen & Toubro is making a significant foray into the automotive components sector with a Rs 5,000 crore investment over five years, aiming to become a Tier-I ...


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