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Spain's Navantia partners with India's Larsen & Toubro on four ships

Original: navantia

Spanish state shipbuilder Navantia has announced a partnership with India's Larsen & Toubro to collaborate on the development of four vessels for the Indian Navy. The agreement strengthens industrial and defence ties between Spain and India and gives Navantia a foothold in one of the world's fastest-growing naval markets. Spanish business press is highlighting the deal as a strategic win for the company.

Why now: Navantia has just announced a high-profile international shipbuilding deal with India's Larsen & Toubro.

NavantiaLarsen & ToubroIndiaSpain

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Evidence

• Navantia se alía con L&T para optar a un megacontrato de cuatro buques anfibios para la India · El Economista
• Navantia se alía con la india Larsen and Toubro para colaborar en el desarrollo de cuatro buques para la India · Forbes España

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