L&T Electronic Products & Systems (L&T EPS), a newly incubated vertical under L&T Precision Engineering & Systems, has been established to build a world-class, business-to-business, IP-led electronics ecosystem for high-growth industrial sectors.
This business unit is positioned to address the increasing strategic importance of electronics as the control, intelligence and automation layer across energy, mobility, infrastructure and industrial applications.
Building on L&T’s legacy in mission-critical electronics used in defence and aerospace technology, semiconductor design capabilities and engineering excellence, L&T EPS combines deep domain expertise with integrated product development and manufacturing capabilities. L&T EPS business is structured around four strategic verticals:
- Power Electronics
- Mobility Electronics
- Industrial Robotics & Automation (IRA)
- Electronics Systems Design & Manufacturing (ESDM)
The business follows an India-first approach with selective export expansion, driven by IP-led product differentiation, strategic partnerships, open innovation and advanced manufacturing capabilities.
Strategic Business Verticals
Power Electronics
Focused on enabling the energy transition through advanced power conversion and energy management solutions, the vertical is developing products for renewable energy integration, energy storage systems, EV charging infrastructure, and industrial power management applications.
Key focus areas include:
- Power conversion systems
- Battery Energy Storage System (BESS) electronics
- Railway propulsion systems
Mobility
Focused on next-generation electronics solutions for electric and intelligent mobility platforms, the business aims to address localisation opportunities in India’s rapidly growing EV ecosystem and safe mobility through indigenous product development and strategic collaborations.
Key focus areas include:
- X-in-1 e powertrain solutions
- Advanced Driver Assistance Systems (ADAS)
- Connectivity modules
Industrial Robotics & Automation (IRA)
Focused on industrial automation and robotics solutions for manufacturing, infrastructure and construction sectors, the vertical aims to improve productivity, quality, safety and operational efficiency through intelligent automation systems.
Key focus areas include:
- Painting solutions
- Tile laying solutions
- Cobotic arm
- Solar panel laying solutions
Electronics Systems Design & Manufacturing (ESDM)
Focused on integrated electronics product engineering and manufacturing services, combining design, prototyping, testing and production under one ecosystem. The vertical serves as the manufacturing backbone for L&T EPS products and supports scalable, high-reliability electronics manufacturing capabilities for strategic industrial applications.
Key focus areas include:
- Electronics manufacturing services
- PCB assembly and automated testing
- Box-build products
Ongoing Product Development and R&D Initiatives
L&T EPS is currently advancing multiple product development and innovation programmes aligned with India’s industrial and electronics growth roadmap.
Key ongoing initiatives include:
- Development of Motor Control Units (MCUs) for EV applications through anchor customer collaborations
- Joint development of Painting COBOT solutions for industrial and construction applications
- Product development collaboration for 50KW DC-DC converter systems
Infrastructure and Location Outlook
L&T EPS operates through a strategically integrated ecosystem spanning R&D, business development and advanced manufacturing.
Bengaluru – Business Headquarters | R&D
The R&D Centre and business development teams are headquartered at: S2, L&T Tech Park, Bengaluru
The Bengaluru facility serves as the innovation and engineering hub for:
- Product architecture and systems engineering
- Embedded software and electronics design
- Customer engagement and strategic partnerships
- Programme management and business operations
Coimbatore – Electronics Manufacturing Hub
L&T EPS is establishing a large-scale integrated electronics manufacturing ecosystem in Coimbatore.
Key highlights:
- Phase-I Electronics Manufacturing Facility commissioned with commercial operations commenced in FY 2025-26
- Commissioning of SMT lines and automated test equipment
- 40-acre integrated campus planned for future expansion and manufacturing scale-up
- Lean, agile and scalable manufacturing framework aligned to global standards
The Coimbatore facility is envisioned as a future-ready manufacturing hub supporting high-complexity industrial electronics production.
Kancheepuram – BESS Integration facility
The business also operates a BESS manufacturing facility at Kancheepuram, supporting energy transition and power electronics initiatives.
Market Opportunity and Growth Outlook
India’s electronics manufacturing ecosystem is undergoing a structural transformation driven by:
- Renewable energy expansion
- EV adoption
- Industrial automation
- Supply chain localisation
- Government-led indigenisation initiatives
The identified Total Addressable Market across L&T EPS focus areas is estimated at approximately USD 2 billion today and is projected to grow at nearly 18% CAGR to approximately USD 4.8 billion by FY 2030-31.
L&T EPS is strategically positioned to capitalise on:
- Import substitution opportunities
- Demand for supply-secure localised solutions
- High-complexity industrial electronics requirements
- Increasing preference for integrated design-to- manufacturing partners
Competitive Differentiators
L&T EPS vertical’s differentiation is built on:
- IP-led product development approach
- Integrated design-to-manufacturing capabilities
- L&T brand strength and institutional credibility
- Strong engineering and system integration expertise
- Strategic technology partnerships
- Cost-competitive India-based manufacturing
- Focus on high-complexity and high-reliability industrial electronics
Vision Ahead
L&T EPS aims to emerge as a significant Indian electronics products and systems company with strong indigenous IP, scalable manufacturing capabilities and global competitiveness.
The long-term vision includes:
- Building globally benchmarked industrial electronics platforms
- Expanding product portfolios across strategic growth sectors
- Strengthening indigenous technology capabilities
- Creating export-ready products for selective global markets
- Establishing India as a trusted electronics manufacturing and innovation base