L&T inks pact for tech transfer with Japan Steel
L&T Special Steels and Heavy Forgings (LTSSHF) has entered into a technology transfer agreement with the Japan Steel Works Ltd. (JSW) – one of the leaders in the field of heavy steel forgings. The five-year agreement covers transfer of critical technology for steel melting and heavy forgings made from ingots weighing up to 200 MT, for hydrocarbon, thermal power, steel and cement sectors.
LTSSHF is a subsidiary of L&T and it supplies critical heavy stainless steel and alloy steel forgings for high pressure reactors and 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. Over the years, L&T has introduced several new products and processes which have helped India make a mark on the global heavy industry landscape.
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