Tata and L&T receive approvals for Indian investment plans

14 May 2019

The Tata group and a joint venture (JV) between Larsen & Toubro (L&T) and European missile manufacturer MBDA have received approvals from the Indian government to establish defence production facilities in separate locations in southern India.

The government’s department of commerce – a unit under the ministry of commerce and industry – said in a recent memo that the approvals will support the development of Tata’s aerospace manufacturing facility in Cochin and a missile assembly plant, which is run by L&T MBDA Missile Systems Limited, in Coimbatore.

The memo said the two facilities will be located in ‘special economic zones’ established in Cochin and Coimbatore to support regional development.

Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options at

(133 of 473 words)