Indian Economy News

L&T Completes 75 Years Of Construction, Mining Machinery Business

  • IBEF
  • April 20, 2021

On Monday, Larsen & Toubro announced that its construction and mining machinery business (CMB), one of the company's oldest, has reached 75 years of operation.

During its 75-year association with the construction and mining industries, the company has supplied > 60,000 units of various equipment in the region, according to a statement.

These machines have helped to establish some of the country's most beautiful landmarks and have made a major contribution to the country's rising infrastructure.

Mr. S N Subrahmanyan, the CEO and managing director of Larsen & Toubro, said, “L&T has a history of developing essential equipment for accelerating progress and has been at the core of indigenous engineering design and manufacturing capabilities.”

He added, “Over the past 75 years, our construction and mining machinery company has been meeting the demanding needs of the mining and construction industries with ground-breaking equipment and excellent service records.”

Mr. Arvind K Garg, Executive Vice-President, L&T Construction and Mining Machinery, said, “For the last seven decades, we have made it our utmost priority to represent our valuable clients. For the growth of the nation, L&T has pioneered and implemented modern technologies, facilities, and practises. At this critical juncture, we want to express our gratitude to our customers for their support and patronage.” L&T developed its own 'Make in India' road machinery, including vibratory compactors and wheel loaders, based on its extensive expertise and experience gained since 1945. These machines, which were built and manufactured in India, are now assisting in road construction and highway production, allowing L&T to step closer to achieving the national goal of 'Aatmanirbhar Bharat.'

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

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