L&T mulls entry into electronics manufacturing

Engineering giant Larsen & Toubro (L&T) is exploring an entry into electronics manufacturing services (EMS) and has held preliminary discussions with the Tamil Nadu government for about 200 acres of land near Chennai, people aware of the matter told ET.

The $17 billion group, which already has allied entities in the electronics space, aims to become an integrated player with end-to-end manufacturing capabilities, taking a leaf out of the Tata playbook. Tata Electronics has taken the contract manufacturing route to be an Apple supplier. At this stage,…