Larsen & Toubro, the company that builds bridges, warships, metro lines, and nuclear reactors, has just added a new item to its extraordinary portfolio: industrial electronics.
On Friday, April 24, 2026, L&T announced that it has formally entered the B2B industrial electronics space with the launch of a brand-new business vertical called L&T Electronic Products & Systems, or LTEPS.
Despite this and Thursday's announcement of AI unit ‘Vyoma.ai’, L&T stock aped the broader market trends on Friday, dipping by at least 1.2 per cent in the first half.
Manufacturing has already begun with two production lines already commissioned at L&T's existing Coimbatore campus in Tamil Nadu, serving both Indian and international clients.
The new vertical will be headquartered in Bengaluru, the same city where L&T's established Strategic Electronics Centre already designs and produces defence-grade communications systems and avionics.
LTEPS will cover a broad sweep of high-value industrial domains, including power electronics (inverters, drives, and converters), mobility systems (electric vehicle electronics), industrial robotics and automation, communication platforms, and full-stack electronics systems design and manufacturing (ESDM).
L&T has earmarked a 40-acre zone within the Coimbatore campus for a complete industrial electronics value chain, covering R&D, contract manufacturing, engineering support and sourcing. The phased build-out will essentially create a self-contained electronics industrial park within an existing defence manufacturing campus.
L&T Chairman and Managing Director S.N. Subrahmanyan described the move as a key step in the company's Lakshya 2031 strategy, its five-year roadmap targeting a doubling of revenues, expanded technology leadership, and a sharper push into high-margin manufacturing and services.
