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Infrastructure Developers & Operators, Mid Cap

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Larsen & Toubro Vyoma (L&T Vyoma), L&T's next-generation sovereign AI cloud and digital infrastructure business, has entered a strategic partnership with Fortanix Inc, a US-headquartered global leader in data and AI security and a pioneer in Confidential Computing. They will jointly deliver sovereign, secure software-as-a-service offerings for enterprises and government organisations in India.

With AI adoption accelerating, the need for data sovereignty, regulatory compliance and runtime protection has become critical, particularly in regulated sectors such as banking, financial services, government and healthcare.

Through this partnership, L&T Vyoma will provide sovereign AI infrastructure, including data centres, compute and networking, while Fortanix will secure the data and AI workloads in use by leveraging NVIDIA Confidential Computing.

The collaboration will enable organisations to adopt AI and modern data services securely, while ensuring that sensitive data remains protected and compliant within India's borders.

The partnership aims to deliver sovereign AI infrastructure and data security solutions, addressing the growing demand for data sovereignty, regulatory compliance and protection of AI workloads across sectors such as banking, financial services, government and healthcare.

Under the collaboration, L&T Vyoma will provide sovereign AI infrastructure, including data centres, compute and networking capabilities, while Fortanix will secure data and AI workloads through Confidential Computing technology powered by NVIDIA Confidential Computing.

The companies will jointly develop sovereign AI and data security solutions, pursue co-selling opportunities across regulated industries and support customer adoption through proof-of-concept and proof-of-value engagements.

Confidential Computing protects data during processing through hardware-based Trusted Execution Environments, ensuring sensitive information remains secure even while computations are being performed.

The partnership will enable organisations to deploy AI models securely without exposing proprietary intellectual property, safeguard sensitive enterprise and citizen data, and support compliance with India's data sovereignty and regulatory requirements.

L&T Vyoma will also work with Indian AI model builders to strengthen the ecosystem for sovereign AI innovation.

Commenting on the partnership, Prashant Chiranjive Jain, Managing Director ? Larsen & Toubro Vyoma, said: ?India?s digital economy requires a strong foundation of sovereign infrastructure and secure AI capabilities. The partnership with Fortanix enables us to help organisations harness AI with confidence by ensuring that data remain protected within national boundaries while meeting the highest standards of security and compliance?.

Anand Kashyap, Co-founder & CEO ? Fortanix Inc, said: ?AI adoption isn?t slowing down, but organisations are increasingly challenged to balance innovation with data sovereignty and security. Our partnership with L&T Vyoma brings together trusted infrastructure and Confidential Computing to enable enterprises in India use AI without exposing sensitive data or intellectual property?.

Justin Boitano, Vice President -Enterprise AI Products - NVIDIA, said: ?Regulated industries racing to adopt AI need to maintain the highest standards for data sovereignty and security as they scale advanced AI models and agents. Bringing together NVIDIA Confidential Computing with L&T Vyoma?s sovereign infrastructure and Fortanix?s security platform creates a trusted foundation for securely deploying and managing mission-critical workloads in India?.

Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services.

The company reported a 3.12% decline in consolidated net profit to Rs 5,325.60 crore, despite a 11.25% increase in revenue from operations to Rs 82,762.16 crore in Q4 FY26 over Q4 FY25.

The scrip shed 0.49% to Rs 3,971.95 on the BSE.

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Larsen & Toubro (L&T) has secured a 'Baa1' long term issuer rating with a 'Stable' outlook from Moody's Ratings, reinforcing the Group's robust credit profile and financial resilience.

The 'Baa1' rating signifies a quality investment-grade credit profile, reflecting strong capacity to meet financial commitments and a low level of credit risk. It also underscores L&T's prudent financial management and consistent operational performance.

The 'Stable' outlook reflects expectations that L&T and its core international subsidiaries will maintain strict fiscal discipline, comfortable leverage levels and healthy operating margins as high-margin engineering services and large-scale EPC projects in West Asia continue to scale.

Notably, this premium rating stands two notches above India's sovereign rating of 'Baa3', positioning L&T among an exclusive group of Indian multinational corporates evaluated stronger than the country's sovereign rating.

Moody's, the global ratings major, has also assigned a matching 'Baa1' rating to L&T Hydrocarbon Saudi Company (a subsidiary of L&T), reflecting the business vertical's tight operational integration with the parent Company and the strategic importance of Larsen & Toubro's West Asia operations.