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Committed to achieving self-reliance for the domestic industry: L&T

The L&T chief added, "We can drastically reduce our dependency on imported products including those from China by putting processes and systems in place"

S N Subrahmanyan, CEO and MD, L&T
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Subrahmanyan’s comments come at a time when L&T still sources from the Chinese supply chain.

Amritha Pillay Mumbai
As political pressure mounts on firms to reduce imports from China, Larsen & Toubro (L&T) on Tuesday said it is committed to achieving self-reliance for domestic industry by creating a strong and feasible ‘Make in India’ ecosystem.

SN Subrahmanyan, chief executive officer and managing director of L&T, referring to tensions at the India-China border said, “With an unfortunate incident involving our brave soldiers at our border, sentiments are running high in the country.” He added that L&T firmly stands with the policy of manufacturing products locally through ‘Make in India’.

Subrahmanyan said the country “can drastically reduce our dependency on imported products,