Jul 27, 2009

L&T doubts defence PPP

July 26: Larsen & Toubro (L&T) on Sunday expressed concern over whether the government would fall back on its programme for private partnership in defence.
Expressing this concern, the L&T chairman, Mr A.M. Naik, told a TV channel that till now many of its efforts have not fully fructified. It was a proud day for L&T on Sunday when India’s first nuclear powered submarine Arihant was launched as L&T played a critical role in building this first nuclear powered submarine.

The company said that based on the design provided by the Navy and DRDO, L&T’s dedicated Subma-rine Design Centre carried out detailed engineering, using the latest 3D Modelling and product data management software.

The Arihant is also the largest and heaviest vessel ever built in India. L&T has had the privilege of making the single largest contribution in the construction of this vessel — right from the stage of plate cutting to launch.

Mr Naik said: “Over the last four decades, L&T has played a crucial pioneering role in building India’s strategic sectors by successfully executing several technology-intensive and challenging projects.”

“Building the first nuclear submarine is the latest milestone in our association with the Indian Navy and the DRDO, and we look forward to building more submarines and warships,” he said.

Mr Naik said they would like to see a more organised and structured defence relationship but the government has been postponing its programme for several years.
July 27th, 2009

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