L&T’s arm enters into technology transfer agreement with JSW

Larsen & Toubro’s (L&T) subsidiary - L&T Special Steels and Heavy Forgings (LTSSHF) has entered into a technology transfer agreement with The Japan Steel Works (JSW) - an acknowledged world leader in the field of heavy steel forgings. The five year agreement covers transfer of critical technology for steel melting & heavy forgings made from ingots weighing up to 200 MT, for hydrocarbon, thermal power, steel & cement sectors. LTSSHF supplies critical heavy stainless steel & alloy steel forgings for high pressure reactors & heat exchangers, as well as rotors, shafts, forged slabs and special steels. Direct access to L&T’s jetties at Hazira facilitates exports across the globe. Indigenous manufacture of critical heavy forgings will close a vital gap in Indian industry’s capability to produce equipment for Core sectors. The new technology collaboration supports L&T’s commitment to remain at the forefront of manufacturing technology across key sectors. Over the years, L&T has introduced several new products & processes which have helped India make a mark on the global heavy industry landscape.