L&T Joint Ventures

L&T is likely to form a JV with Hanwha Techwin (Earlier Samsung Techwin) to supply 100 self-propelled gun K-9 Vajra-T’ 155-mm/52-calibre howitzers, under the  Make in India programme worth about Rs. 4,600-crore. Earlier, L&T forged a 51:49 joint venture with MBDA Missile Systems with an eye on Rs. 10,000 defence segment to design, develop, manufacture and supply missile and missile systems to the defence Forces. http://www.moneycontrol.com/news/business/companies/lt-may-tie-up-with-koreas-hanwha-for-self-propelled-guns-under-make-in-india-2262605.html

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