Tata and L&T receive approvals for Indian investment plans

The Tata group and a joint venture (JV) between Larsen & Toubro (L&T) and European missile manufacturer MBDA have received approvals from the Indian government to establish defence production facilities in separate locations in southern India.

The government’s department of commerce – a unit under the ministry of commerce and industry – said in a recent memo that the approvals will support the development of Tata’s aerospace manufacturing facility in Cochin and a missile assembly plant, which is run by L&T MBDA Missile Systems Limited, in Coimbatore.

The memo said the two facilities will be located in ‘special economic zones’ established in Cochin and Coimbatore to support regional development. Read More

You may also read!

Buy air tickets for just Rs 899! GoAir mega million sale begins; check offer details

GoAir sale: In a relief for fliers, one can purchase cheap flight tickets from GoAir. GoAir is offering a


Delhi Airport To Deploy Taxibots As Part Of Green Aviation Initiatives

Delhi International Airport Limited (DIAL), a GMR Group-led consortium, said on Monday that it is ready for commercial operations


Pakistan Security Forces Foil Terror Attack Near Quetta Airbase

At least one Pakistani soldier was killed in a skirmish with terrorists, who attempted to raid Makki Garh Post


Leave a reply:

Mobile Sliding Menu