August 28, 2008

L&T to set up forging unit at Hazira

Projects Today reported that Larsen & Toubro is planning to set up a forging unit at Hazira in Surat district of Gujarat. The project is estimated to entail an investment of INR 600 to INR 800 crore.

L&T will implement the project by roping in a foreign partner. The proposed project will feed its bourgeoning power, nuclear power and oil business.