L&T eyes 20% growth in construction, mining machinery biz in FY26

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L&T eyes 20% growth in construction, mining machinery biz in FY26 - Business Standard

Quick Summary:

Infrastructure major Larsen & Toubro (L&T) expects its construction and mining machinery business to grow at least 20 per cent in the next fiscal year with the company planning to double sales in the next five years.

Larsen & Toubro and Komatsu Ltd entered into a joint venture in 1998 to manufacture construction equipment and hydraulic components in India.

This financial year, we also launched a mini excavator, the Komatsu PC35, which will help fuel growth," Garg said.