L&T Precision Engineering Aims for Role in Next U.S. Space Station Supply Chain

L&T Precision Engineering and Systems, a subsidiary of India's largest engineering firm, Larsen & Toubro Ltd., is positioning itself to play a crucial role in the supply chain for the next U.S. space station, according to Vice President Vikas Khita. Speaking to PTI, Khita expressed optimism about the involvement of Indian companies in the upcoming project. “Some discussions continue with NASA, and we are hopeful that Indian firms will contribute to the supply chain when the U.S. prepares for its next space station,” Khita stated. The company is also exploring opportunities in building spaceports, space parks, and manufacturing clusters, particularly following the Indian government's decision to open the space sector to private players in 2020. Khita noted that L&T is targeting a fivefold increase in its turnover from the space economy by 2033, with significant growth anticipated in both upstream and downstream sectors. Previously, L&T had