L&T Secures Major Orders from SAIL, Boosts Steel Sector Presence

• Larsen & Toubro (L&T) secured "Major Orders" worth ₹5000-₹10000 crore from Steel Authority of India Limited (SAIL) and other clients on January 3, 2026.
• Orders include EPC projects for domestic steel and metals industry, and specialized industrial equipment, strengthening L&T's role in India's steel capacity expansion.
• Key projects involve expansion of SAIL's IISCO Steel Plant in Burnpur (from 2.5 MTPA to 6.5 MTPA) and upstream expansion at Bokaro Steel Plant.
• L&T's Senior VP T Kumaran highlighted the company's technical expertise and ability to execute complex projects on time.
• L&T shares closed up 0.59% at 4,164.70 on Nifty, showing over 4% gain in a month and 13% in a year.

Why It Matters: L&T's significant new orders from SAIL reinforce its critical role in India's steel sector growth.