: 2 : Laboratory and Larsen & Tubro (L&T) Ltd., Mumbai for upgraded digital version of Lakshya. (d) This is agreement for non-exclusive production and supply to Indian Armed Forces. However, as per serial No. 7.2 of LAToT with L&T, “For enquiries received from abroad for the product, L&T shall seek prior approval of DRDO in writing indicating the country to which such export is sought. The grant of license for export of product shall be subject to Government approvals and there may be additional licensing fees and royalty rates applicable and shall be decided by DRDO on case to case basis.” So far, ADE has not received any such request from L&T. (e) First delivery can be done within Eighteen months after the placement of orders from Users. *******
: 2 : Laboratory and Larsen & Tubro (L&T) Ltd., Mumbai for upgraded digital version of Lakshya. (d) This is agreement for non-exclusive production and supply to Indian Armed Forces. However, as per serial No. 7.2 of LAToT with L&T, “For enquiries received from abroad for the product, L&T shall seek prior approval of DRDO in writing indicating the country to which such export is sought. The grant of license for export of product shall be subject to Government approvals and there may be additional licensing fees and royalty rates applicable and shall be decided by DRDO on case to case basis.” So far, ADE has not received any such request from L&T. (e) First delivery can be done within Eighteen months after the placement of orders from Users. *******
AU3198.docx