Larsen and Toubro (L&T)

In May 2024, L&T Valves, a prominent global provider of flow-control solutions, has established a new manufacturing facility, L&T Valves Arabia Manufacturing LLC, in Saudi Arabia.

In March 2024, Larsen & Toubro (L&T) has achieved a significant milestone in the clean energy space by commissioning its first indigenously manufactured electrolyser at the Green Hydrogen Plant at A M Naik Heavy Engineering Complex in Hazira, Gujarat. Featuring a rated power capacity of 1 MW (expandable to 2 MW), this electrolyser can produce 200 Nm3/Hr of hydrogen.

In January 2024, L&T Construction won a Mega EPC Order for establishing Largest Renewable Generation Plant for establishing an 1800 MWac Solar Photovoltaic Plant in Dubai, United Arab Emirates.

In January 2024, The Railway Strategic Business Group of L&T Construction secured a Mega Contract from an authorised Japanese agency to construct 508 Route Km of High-Speed Electrification System Works for the Mumbai-Ahmedabad High-Speed Rail (MAHSR) Project, popularly referred to as the Bullet Train Project.

As announced in December 2023, L&T Heavy Engineering (L&T HE) has been recognized as the Star Performer in large enterprises for the ‘Special Purpose Machinery’ category in 2019-20 and for the ‘General Purpose Machinery’ category in 2020-21 at the 52nd and 53rd editions respectively of the Engineering Export Promotion Council (EEPC) National Export Awards.

In October 2023, the digital Energy Solutions arm of L&T Construction’s Power Transmission & Distribution business signed a Memorandum of Understanding with IIT Indore to explore and work on activities through the framework set-up across various avenues of engagement.

Larsen & Toubro (L&T) has been associated with India’s Space Program for over five decades. L&T is playing a critical role in the launch of LVM3 M4 Chandrayaan Mission. In a hallmark achievement, L&T has been involved in this mission starting from the manufacturing of subsystems till mission tracking.

Larsen & Toubro and Navantia, Spain signed a Teaming Agreement (TA) in July 2023, for the purpose of submission of a techno-commercial bid for the Indian Navy’s prestigious P75 (India) submarine program.

Larsen & Toubro successfully completed the transition of a US$ 150 million term loan with Bank of America to a Sustainability Linked Loan (“SLL”), on June 30, 2023.

In May 2023, the Buildings & Factories (B&F) Business of Larsen & Toubro (L&T) Construction has recently secured EPC orders in India from a reputed developer to construct residential towers in Thane, Mumbai.

The President of India, Ms. Droupadi Murmu, on May 4, 2023 laid the foundation stone for L&T Skill Training Hub at Pahadpur in Odisha’s Mayurbhanj district. L&T partnered with SLS Trust to establish the Skill Training Hub on five acres of land for providing underprivileged youth from the region training in construction skills, and in turn, making them self-reliant.

In February 2023, L&T Heavy Engineering (HE) became the first entity in India to be certified as per ISO 19443:2018. This nuclear sector-specific quality management system (QMS), published in 2018, is specifically designed to improve quality and safety across the nuclear supply chain.

In January 2023, L&T Technology Services Limited announced to acquire the Smart World & Communication (SWC) Business of L&T, to combine synergies and take offerings in Next-Gen Communications, Sustainable Spaces and Cybersecurity to the global market.

In November 2022, L&T Infotech and Mindtree merged to make India's 5th-largest IT company, LTIMindtree, that will help businesses proactively take on and shape the future by harnessing the full power of digital technologies.

In November 2022, one of the top renewable energy businesses in the world, the prestigious Greenko group, has given a contract to Larsen & Toubro's Heavy Civil Infrastructure Business for the construction of an off-stream pumped storage project in Madhya Pradesh.

In February 2022, Larsen & Toubro’s hydrocarbon business bagged two 'significant' offshore projects from an overseas client.

In February 2022, Larsen & Toubro’s construction arm secured a 'significant' order to construct hi-tech IT parks at eight locations across Bangladesh, funded by the Indian EXIM Bank.

In September 2021, Larsen & Toubro (L&T) announced that it will participate in the Expo 2020, Dubai to be held from October 5, 2021, to March 31, 2021, as part of the Indian pavilion. L&T plans to demonstrate its capabilities in hydrocarbon engineering, and businesses such as water-effluent treatment, power transmission and distribution.

Signed an agreement to acquire Cuelogic Technologies, a digital engineering and outsourced product development company, headquartered in Pune, India.

Partnered with Amazon Web Services (AWS) to launch a dedicated cloud unit for AWS, which will focus on migration and modernisation, SAP application workloads, data analytics, and the Internet of things (IoT).

Entered into a share purchase agreement to purchase 6.35% stake in help Lightning Inc., a Delaware Corporation.

L&T won multiple orders for the business of construction and mining equipment.

L&T Construction secured a major contract to build India's longest road bridge connecting Dhubri in Assam to Phulbari in Meghalaya via the Brahmaputra River.

L&T Construction secured a mega contract to build India’s first high-speed rail corridor.

L&T Construction received significant category orders for its metallurgical and material handling business from Northern Coalfields Ltd.

Bagged contract for Dadri - Khurja and Sahnewal - Khurja sections of the Eastern Dedicated Freight Corridor (EDFC)

Signed a memorandum of understanding (MoU) with ideaForge to offer drones and allied systems for defence use

L&T bagged 50 MW solar project in Tamil Nadu

Acquired equity shares to an extent 60% of the total shareholding of Mindtree

Order booked of Rs. 281,000 crore (US$ 40.07 billion) as of end of September 2018

Received 'Best Capital Projects & Infrastructure Risk Management Award' at the India Risk Management Awards event organised by CNBC TV18

Company set an aim to achieve Rs 2 trillion (US$ 30 billion) in revenue by 2021

Successfully flagged off India's first Nuclear 700 MWe Steam Generator for Kakrapar nuclear power plant

The group's financial arm L&T Finance Holdings entered into the housing finance business by acquiring Indo Pacific Housing Finance Ltd

Signed an MoU with Rolls-Royce Corporation for cooperation to effectively address the projected need for light water reactors

Tied up with Japan's Toshiba Corporation and Mitsubishi Heavy Industries for setting up manufacturing facilities for super-critical turbines and boilers

Approved divestment of stake in L&T-John Deere Pvt Ltd

Transferred their cement business to Ultra Tech Cement Ltd

Formed a Joint Venture (JV) with Deere Pvt Ltd to manufacture agricultural tractors

Started a cement plant with 1 MTPA capacity in Maharashtra

Acquired two bulk shipping carriers from Japan

Became a public company

Incorporated as a private limited company

Found as a partnership firm