DEFENCE
Defence Agreements
L&T Partners with France's Exail Technologies for Unmanned Mine Countermeasure Systems
Larsen & Toubro (L&T) has entered into a strategic collaboration with French defense firm Exail Technologies to supply advanced Unmanned Mine Countermeasure (MCM) suites for the Indian Navy.
Under the agreement, L&T will act as the prime contractor to offer these state-of-the-art robotic and autonomous mine-hunting systems to domestic shipyards for the Navy's upcoming 12 MCM Vessel project.
The proposed Unmanned MCM Suite offers high-efficiency capabilities in safely detecting, identifying, and neutralizing dangerous underwater naval mines without human risk.
This alliance aligns with India’s 'Aatmanirbhar Bharat' initiative, helping local shipyards integrate globally proven marine defense technologies.
Under the agreement, L&T will act as the prime contractor to offer these state-of-the-art robotic and autonomous mine-hunting systems to domestic shipyards for the Navy's upcoming 12 MCM Vessel project.
The proposed Unmanned MCM Suite offers high-efficiency capabilities in safely detecting, identifying, and neutralizing dangerous underwater naval mines without human risk.
This alliance aligns with India’s 'Aatmanirbhar Bharat' initiative, helping local shipyards integrate globally proven marine defense technologies.
Key Facts / Static GK
L&T Headquarters: Mumbai, Maharashtra
L&T MD & CEO: Sekharipuram Narayanan Subrahmanyan
L&T MD & CEO: Sekharipuram Narayanan Subrahmanyan
Practice Quiz — 22 May 2026
Q1. Which of the following statements is correct regarding the newly approved Maritime Investment Fund (MIF)?
Answer: (C) It is a sub-segment of the broader ₹25,000-crore Maritime Development Fund (MDF) managed by SBI Ventures. — The Maritime Investment Fund (MIF) is a ₹20,000 crore fund which is a key component of the broader ₹25,000-crore Maritime Development Fund (MDF) and will be managed by SBI Ventures as a closed-end Category I/II AIF.
Q2. What is the minimum bid size required for banks participating in the RBI's USD-INR buy/sell swap auction?
Answer: (C) USD 10 million — According to the bidding conditions announced by the RBI for the USD-INR swap auction, the minimum bid size must be USD 10 million, with additional bids in multiples of USD 1 million.
Q3. Which crop received the highest absolute Minimum Support Price (MSP) increase for the 2026–27 marketing season?
Answer: (D) Sunflower Seed — Sunflower seed registered the highest absolute increase of ₹622 per quintal, followed by cotton at ₹557 per quintal and sesamum at ₹500 per quintal.
Q4. Who has been assigned the charge of the newly created, first-of-its-kind Cabinet-Level AI portfolio in Kerala?
Answer: (A) P. K. Kunhalikutty — The newly created Artificial Intelligence portfolio in Kerala has been assigned to senior leader P. K. Kunhalikutty as part of the cabinet restructuring under the state government.
Q5. Where is India's first SME-led semiconductor ATMP/OSAT facility located?
Answer: (A) Bhiwadi, Rajasthan — India's first SME-led semiconductor ATMP/OSAT facility has been established in Bhiwadi, Rajasthan, by Sahasra Semiconductors Pvt. Ltd.
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