Larsen & Toubro
Larsen & Toubro
Larsen & Toubro Limited, commonly known as L&T, is an Indian technology, engineering, construction, manufacturing and financial services conglomerate headquartered in Mumbai, Maharashtra, India. It was founded by two Danish engineers taking refuge in India. The company has business interests in basic and heavy engineering, construction, realty, manufacturing of capital goods, information technology, and financial services. As of 2020, L&T Group comprises 118 subsidiaries, 6 associates, 25 joint-venture and 35 joint operations companies.
Three key products/services which L&T is engaged in are: Construction and project-related activity; manufacturing and trading activity; and engineering services. For administrative purposes, L&T has been structured into five broad categories:
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Construction – this covers Buildings & Factories, Heavy Civil Infrastructure, Transportation Infrastructure, Power Transmission & Distribution, Water & Effluent Treatment, Metallurgical & Material Handling and Smart World & Communication;
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EPC Projects – this includes Hydrocarbon Engineering, Power and Power Development;
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Manufacturing – this includes Defence Equipment & Systems, Heavy Engineering, Construction, Mining & Industrial Machinery, Industrial Valves and Electrical & Automation Systems;
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Services – this includes Realty, Information Technology, Technology Services and Financial Services.
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Others – this includes Hyderabad Metro, Infrastructure Development Projects and corporate functions.
