L&T Enters Industrial Electronics With New Manufacturing Unit in Coimbatore

Larsen & Toubro has entered the B2B industrial electronics sector by starting manufacturing at its Coimbatore campus in Tamil Nadu.

The new business vertical is called L&T Electronic Products & Systems (LTEPS).

• Headquarters: Bengaluru
• Manufacturing base: Coimbatore
• Two production lines have already started operations to serve Indian and global clients.

Focus on Technology and Self-Reliance

Chairman and MD S. N. Subrahmanyan said the move supports the company’s Lakshya 2031 vision. The goal is to strengthen technology leadership and support India’s self-reliance in critical manufacturing.

Key Areas of Work

LTEPS will build and manufacture industrial electronic products across several sectors, including:

• Power electronics
• Mobility solutions
• Industrial robotics and automation
• Communication platforms
• Electronics system design and manufacturing (ESDM)

The business will use a mix of in-house research, partnerships, and advanced testing facilities to develop market-ready products.

Expansion Plans

L&T plans to expand this business further:

• Future development across a 40-acre zone at the Coimbatore campus
• Full industrial electronics value chain to be covered, including:
  • R&D and product development
  • Contract manufacturing
  • Design and engineering support
  • Sourcing, testing, and validation services

Larsen & Toubro Share Price Movement

Larsen & Toubro share price (NSE: LT) was trading at ₹4,003.50 on 24 April at 1:57 pm IST, down ₹50.60 (1.25%) for the day. The stock opened at ₹4,072.00, touched an intraday high of ₹4,088.10, and slipped to a low of ₹3,983.20. Its 52-week high stands at ₹4,440.00, while the 52-week low is ₹3,230.10. The stock offers a dividend yield of 0.85%, with a quarterly dividend amount of ₹8.51 per share.

Read More: Wipro's Attrition Rate Cools to 13.8% with Net Gain of 135 Employees in Q4FY26! 

About L&T

L&T is a $30-billion multinational engaged in EPC projects, high-tech manufacturing, and services across global markets. The company has built a strong reputation for quality and leadership over the past eight decades.

Conclusion

L&T’s entry into industrial electronics marks a major step in expanding into high-growth technology sectors. The new LTEPS unit is expected to strengthen India’s electronics manufacturing ecosystem while opening new growth opportunities for the company.

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