The Buildings Business of Larsen & Toubro has set a record by constructing the 7-storey, state-of-the-art Flight Control System (FCS) Integration Facility for the Defence Research and Development Organization (DRDO) in just 45 days using Integrated Hybrid Modular Construction Technology (IHMCT). The facility was inaugurated on March 17th, 2022, by the Hon'ble Minister of Defence, Government of India, Shri Rajnath Singh in the august presence of Shri Basavaraj Bommai, Hon'ble Chief Minister of Karnataka, Dr G. Satheesh Reddy, Secretary Department of Defence R&D & Chairman, DRDO and other dignitaries.
"This facility shows that India can build anything in a short time," praised DRDO Chairman, Dr G Satheesh Reddy, adding that while the concept & technical design was developed by DDRO and detailed engineering & execution by L&T, teams from liT-Madras & IIT-Roorkee conducted design checks and provided technical support.
A significant development to modernize and enhance the strategic capabilities of the Indian Defence, the facility is the result of L&T's unique integrated off site and on site construction approach. "We adopted IHMCT, used for the first time in the Indian construction industry, to substantially reduce the cycle time with a dedicated team of engineers, architects and structural designers who have worked on it to make it a success," remarked Whole Time Director & Senior Executive Vice President (Buildings), L&T, Mr. M V Satish. "We commenced the project on February 1st, 2022, and completed the superstructure including modular interiors, facade and MEP exactly on schedule on March 17th, 2022, taking just 45 days from design to delivery", he added.
Constructed on a total built-up area of 130,000 sq. feet, the site team had to coordinate with 21 off-site locations to integrate design, structure, architecture, and MEP services. Going forward, this hybrid construction system developed by L&T will help increase productivity, optimise resource utilization, reduce losses due to wastage and speed up pace of construction.
Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 1750.90 as compared to the previous close of Rs. 1771.05. The total number of shares traded during the day was 34544 in over 2837 trades.
The stock hit an intraday high of Rs. 1775.55 and intraday low of 1739.10. The net turnover during the day was Rs. 60592940.00.