L&T Arm Expands Production With New Facility In Saudi Arabia

L&T Valves Ltd, a wholly-owned arm of Larsen & Toubro, has established a new manufacturing unit in Saudi Arabia to expand its production capabilities in line with the Saudi Vision 2030.

PTI

Close view of L&T signage. (Source: Vijay Sartape /NDTV Profit)

Larsen & Toubro on Thursday said its wholly-owned arm L&T Valves Ltd has set up a new manufacturing unit in Saudi Arabia.

The facility is strategically located at Al Jubail, off the Dammam-Abu Hadriyah Highway.

L&T Valves is one of the largest suppliers of on-off valves to Saudi Arabia, the company said in a statement.

"The new facility will significantly enhance our local production capabilities in line with the Saudi Vision 2030. It will further strengthen the collaboration between L&T and Saudi Arabia," said Anil V Parab, Whole-time Director and Senior Executive Vice President, Heavy Engineering and L&T Valves.

The facility will address the growing requirements in the Middle East and Africa.

Larsen & Toubro is a 27 billion dollar Indian multinational enterprise engaged in Engineering, Procurement, and Construction Projects, hi-tech manufacturing, and Services, operating across multiple geographies.

Also Read: L&T Finance Targets 25% CAGR, Focuses On Retail Lending

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