Economy · India

L&T eyes $150 billion global modularisation market after Australian project

Larsen & Toubro (L&T) has identified a global modularisation market opportunity estimated between $100 billion and $150 billion over the next five years. This outlook follows the company's successful fabrication and delivery of 110 modules, totaling approximately 64,000 metric tonnes, for Project CERES, Australia's largest urea manufacturing plant. The plant has a capacity of 2.3 million tonnes per annum. L&T's deputy managing director and president, Subramanian Sarma, stated the company expects to secure more modular infrastructure projects.

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