Chennai: L&T has entered the industrial electronics market with a new business vertical, L&T Electronic Products and Systems (LTEPS), which focuses on design, product development and contract manufacturing, the company said in an exchange filing. The entity will focus on power electronics, mobility, industrial robotics and automation, and communication platforms, among other areas. The new business vertical will be headquartered in Bengaluru, while production operations will be based in Coimbatore. It has commenced manufacturing on two lines at its Coimbatore campus, targeting electronics manufacturing services for both Indian and global clients. It plans to expand its footprint with a 40-acre zone within the campus to cover the entire industrial electronics value chain—from research and development, in-house product development and ESDM to contract manufacturing, design and engineering support, sourcing, testing and validation services.The vertical will build on L&T’s expertise in strategic electronics and adopt a blended approach of in-house R&D, technology partnerships and advanced testing infrastructure.“The foray into industrial electronics is an important step towards our Lakshya 2031 aspiration of deepening technology leadership and enhancing India’s self-reliance in critical manufacturing,” said L&T chairman and managing director S N Subrahmanyan.He added that the business will support the nation’s electronics manufacturing ecosystem while expanding L&T’s presence across high-growth, innovation-driven domains.
