L&T shares in focus after strategic tie-up with BEL for 5th-gen fighter jet programme

Larsen & Toubro (L&T) and Bharat Electronics Ltd (BEL) have announced a strategic partnership to support the Indian Air Force’s Advanced Medium Combat Aircraft (AMCA) programme, a key element of India’s 5th-generation fighter jet initiative. The consortium will leverage L&T’s aerospace expertise and BEL’s defence electronics capabilities, advancing indigenous defence under the ‘Atmanirbhar Bharat’ initiative.