Indian Navy’s Fleet Support Ships Take Shape

L&T’s Precision Engineering Systems vertical received the order from Hindustan Shipyard Limited (HSL), a state-owned shipyard under the Ministry of Defence. The order was stated to be ‘Significant’ by L&T, which the group classifies as any order in the range of ₹1,000-2,500 crore ($120-300 million). L&T has thus received a share of the ₹19,000 crore ($2.27 billion) contract awarded to
L&T’s Precision Engineering Systems vertical received the order from Hindustan Shipyard Limited (HSL), a state-owned shipyard under the Ministry of Defence. The order was stated to be ‘Significant’ by L&T, which the group classifies as any order in the range of ₹1,000-2,500 crore ($120-300 million). L&T has thus received a share of the ₹19,000 crore ($2.27 billion) contract awarded to
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