CURRENT AFFAIRS

Detailed explanation-1: -UPSC Mains. Q. Larsen & Toubro signed a MoU with which state to set up an IT and ITeS technology park? Notes: Larsen & Toubro signed a MoU with the Gujarat state government to set up an IT and IT-enabled service (ITeS) Technology Park in Vadodara.

Detailed explanation-2: -Larsen & Toubro Ltd. (L&T) will be setting up an IT and ITeS Enabled Services Technology Park near Vadodara, which will provide direct and indirect employment to at least 10,000 people within the next five years. The park will be developed within the next five years at an investment of Rs7000 crores.

Detailed explanation-3: -The L&T Knowledge City at Vadodara in Gujarat is the hub of several key businesses of the L&T Group. The Power business, Mid & Downstream Hydrocarbon, L&T Technology Services and the engineering joint venture L&T-Sargent & Lundy operate out of the facility.

Detailed explanation-4: -Where is the global headquarters of L&T Defence? Global headquarters for L&T Defence is located in Mumbai,India.