Bloomberg Businessweek

India’s Nuclear Industry Needs a Jolt

Bruce Einhorn, Rajesh Kumar Singh, Stephen Stapczynski, and Iain Marlow

• Modi’s cabinet has approved a plan to build 10 reactors

• “Targets have been set, and they’ve always been missed”

Business has been slow at a Larsen & Toubro Ltd. factory in western India that makes parts for nuclear power plants. The Mumbai-based construction company opened the plant in 2012, hoping to profit from government plans to build more reactors in a country where more than 200 million

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