L&T Expands into EV Components

Larsen & Toubro, a big company that builds infrastructure and makes technology, is now making parts for electric vehicles (EVs).

These parts include things like motors and systems that help cars drive themselves.

L&T wants to make these parts in India to reduce the need for imports and better suit local conditions.

They have already secured orders and are talking to more companies.

This move is part of a bigger trend where Indian companies are investing in EV technology to support the growing market.

L&T's high level of localization, especially for traction motors, is a key advantage.

They are competing with both local and international companies in this space.