L&T MBDA seeks approval for SEZ unit to assemble missile sub-systems.

L&T MBDA Missile Systems Ltd., a joint venture between L&T and France’s MBDA, has urged the government to grant a provisional Letter of Approval (LoA) for the company’s proposed SEZ in Coimbatore to start construction of facilities.

L&T MBDA is awaiting an industrial licence, and export orders with “critical delivery timelines” were piling up, the company said.

The proposed SEZ unit is to come up at the Aspen Infrastructures SEZ, Coimbatore, and will focus on the assembly, integration and functional testing of missile sub-systems and missile weapon systems.

The Board of Approval on SEZ, in its meeting in November 2018, had considered a request for LoA by L&T MBDA Missile Systems, but declined it then.

HBL