Indian Economy News

L&T named second strongest global engineering & construction brand

Larsen & Toubro (L&T), an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, and Services, has been designated the 'Second Strongest Brand' among the top 50 Global Engineering and Construction (E&C) firms — by Brand Finance, a global brand valuation consultancy. The London-based firm also named L&T is the 'Third Fastest Growing Brand' in its 'Engineering & Construction 50 – 2022' report. It is the only Indian firm on the list of the "Most Valuable Global E&C Firms." L&T, which has a presence in 50 countries, has increased its Brand Value by 44% over the previous year.

L&T improved its brand strength significantly, boosting its Brand Strength Index (BSI) by 7.1 points to 83.9 out of 100, with a matching rating of AAA. L&T is the sole Indian brand among the 'Most Valuable E&C 50 2022' list.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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