L&T arm opens new manufacturing facility in Saudi Arabia
The facility will address the growing requirements in the Middle East and Africa.
Larsen & Toubro on Thursday said its wholly-owned arm L&T Valves Ltd has set up a new manufacturing unit in Saudi Arabia.
The facility is strategically located at Al Jubail, off the Dammam-Abu Hadriyah Highway.L&T Valves is one of the largest suppliers of on-off valves to Saudi Arabia, the company said in a statement.
"The new facility will significantly enhance our local production capabilities in line with the Saudi Vision 2030.
It will further strengthen the collaboration between L&T and Saudi Arabia," said Anil V Parab, Whole-time Director and Senior Executive Vice President, Heavy Engineering and L&T Valves.
The facility will address the growing requirements in the Middle East and Africa.
Larsen & Toubro is a 27 billion dollar Indian multinational enterprise engaged in Engineering, Procurement, and Construction (EPC) Projects, hi-tech manufacturing, and Services, operating across multiple geographies.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.