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Larsen and Toubro (L&T)

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Larsen and Toubro (L&T)

  • Manufacturing footprint in eight countries in addition to India
  • Ranked 22nd out of 2,000 companies on Forbes' World's Best Employers for 2018
  • Recognised as one of the world’s top 5 fabricators
  • Consolidated total income of Rs 1,37,056.82 crore (US$ 19.61 billion) in FY19 and Rs 66,195.83 crore (US$ 9.47 billion) during 9MFY20.

Larsen & Toubro (L&T) is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. L&T addresses critical needs in key sectors - Hydrocarbon, Infrastructure, Power, Process Industries and Defence - for customers in over 30 countries around the world.

The company is engaged in core, high impact sectors of the economy and our integrated capabilities span the entire spectrum of ‘design to deliver’. With eight decades of a strong, customer focused approach and a continuous quest for world-class quality, it has unmatched expertise across Technology, Engineering, Construction, Infrastructure Projects and Manufacturing, and maintains leadership in all major lines of its businesses. The Company’s manufacturing footprint extends across eight countries in addition to India. L&T has several international offices and a supply chain that extends around the globe.

Company Website: www.larsentoubro.com

Larsen and Toubro (L&T) – It's all about imagineering

2020 Signed an MoU with ideaForge to offer drones and allied systems for defence use
Larsen & Toubro bags 50 MW solar project in Tamil Nadu
2019 Acquired equity shares to an extent 60 per cent of the total shareholding of Mindtree
2018 Order book of Rs 281,000 crore (US$ 40.07 billion), as of end of September 2018
2017 Received 'Best Capital Projects & Infrastructure Risk Management Award' at the India Risk Management Awards event organised by CNBC TV18
2016 Company set an aim to achieve Rs 2 trillion (US$ 30 billion) in revenue by 2021
2015 Successfully flagged off India's first Nuclear 700 MWe Steam Generator for Kakrapar nuclear power plant
2012 The group's financial arm L&T Finance Holdings entered into the housing finance business by acquiring Indo Pacific Housing Finance Ltd
2010 Signed an MoU with Rolls-Royce Corporation for cooperation to effectively address the projected need for light water reactors
2007 Tied up with Japan's Toshiba Corporation and Mitsubishi Heavy Industries for setting up manufacturing facilities for super-critical turbines and boilers
2005 Approved divestment of stake in L&T-John Deere Pvt Ltd
2003 Transferred their cement business to Ultra Tech Cement Ltd
1997 Formed a Joint Venture (JV) with Deere Pvt Ltd to manufacture agricultural tractors
1983-84 Started a cement plant with 1 MTPA capacity in Maharashtra
1981-82 Acquired two bulk shipping carriers from Japan
1950 Became a public company
1946 Incorporated as a private limited company
1938 Found as a partnership firm

 

Updated: May, 2019

Engineering and Capital Goods
Engineering exports goods is expected to reach US$ 200 billion by 2030.