L&T Transportation unit wins road development contract in Dubai
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L&T's Transportation Infrastructure business won a road development contract in Dubai for improving Latifa Bint Hamdan Street. The project involves widening a two-lane road into a four-lane dual carriageway between Emirates Road and Sheikh Mohammed Bin Zayed Road, and building major interchanges. Classified as a Significant order worth between Rs 1,000 crore and Rs 2,500 crore. Completion in 36 months.
Strengthens L&T's Middle East order book and international revenue mix. Positive signal but order size is moderate relative to company scale.