OREANDA-NEWS. January 25, 2013. Larsen & Toubro (L&T), India’s leading engineering, manufacturing & construction major has received an order valued at 447 crores from the Ministry of Defence for the construction of 18 High Speed Interceptor Boats for the Indian Coast Guard. This follows the earlier contract, valued at 977 crores, for 36 similar vessels.

With this order, L&T is positioned as the foremost Indian shipyard in terms of capability to indigenously design and construct the largest number of Interceptor Boats for India’s Ministry of Defence. Designed and constructed by L&T entirely through in-house capability, the first of these boats has already been delivered to Indian Coast Guard.

The Interceptor Boat is a "planing craft", capable of achieving speeds exceeding 40 Knots. Built with a full aluminium-alloy light-weight hull, it is powered by a twin water-jet propulsion system to enable quick response - crucial for coastal surveillance. These boats are expected to significantly enhance India’s coastal security.

Larsen & Toubro is a USD 13.5 billion technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. It is ranked 4th in the global list of Green Companies in the industrial sector by the reputed international magazine Newsweek, and ranked the world’s 9th Most Innovative Company by Forbes International. L&T is one of the largest and most respected companies in India’s private sector. A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business over seven decades.