MBDA and the Indian Air Force have signed an agreement to set up a local facility for maintaining, repairing, and overhauling IAF’s MICA missiles. The IAF will operate the hub, while MBDA will supply the required machinery, tools, and training. Officials say the project strengthens India’s self-reliance drive and improves missile sustainment and operational readiness.
Larsen & Toubro has launched L&T Electronic Products & Systems (LTEPS) to enter B2B industrial electronics manufacturing. The vertical, headquartered in Bengaluru with manufacturing in Coimbatore, plans to serve global clients with electronics manufacturing services. The move is aimed at strengthening L&T’s technology leadership while boosting India’s self-reliance in critical manufacturing.
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