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Construction : Cover Story | September 2018 | Source : CW-India


Order book: Rs.2,717 billion
Employee strength: 42,464

If the Indian infrastructure sector had a 'poster boy', it would have to be Larsen & Toubro! Since inception, L&T has witnessed many challenging business cycles - and emerged unscathed every single time. Engaged in technology, engineering, construction, manufacturing and financial services, with operations in over 30 countries worldwide, it is one of the few Indian companies that deserves to be called a true multinational. Its customer-focussed approach and constant quest for top-class quality have enabled L&T to attain and sustain its leadership position in its major lines of business for eight decades. Indeed, every aspect of its business is characterised by professionalism and high standards of corporate governance, with sustainability embedded into its long-term strategy for growth. While L&T is known for its engineering capabilities, it created immense value for shareholders by unlocking value in its subsidiaries L&T Technology Services, L&T Infotech and L&T Finance Holdings. With an order book of over Rs 2,717 billion (2.5x its revenues) and its powerful execution capability, L&T is likely to continue its reign over the Indian infrastructure space for some time to come.
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