The business encompasses multiple business - Buildings & Factories, Transport Infrastructure, Heavy Civil Infrastructure, Smart World & Communication, Water & Renewable Energy and Power Transmission & Distribution. After a series of successes and positive policy initiatives, L&T today makes a range of weapon and missile systems, command and control systems, engineering systems and submarines through DRDO. L&T-Nxt will focus on the areas of artificial intelligence, internet of things (IoT), virtual reality, augmented reality, geospatial solutions[buzzword] as well as cybersecurity and leverage the experience that L&T has garnered over the decades. Shivaji Patil. The design wing of L&T ECC is EDRC (Engineering Design and Research Centre), which provides consultancy, design, and services. L&T addresses critical needs in key sectors - Hydrocarbon, Infrastructure, Power, Process Industries and Defence - for customers in over 30 countries around the world. © 2021 LARSEN & TOUBRO LIMITED.All rights reserved. After the design and development was done, L&T had to hand over all the drawings to DRDO. It is registered with Registrar of Companies, Mumbai on Feb 7, 1946. It delivers turnkey engineering and construction solutions to offshore and onshore hydrocarbon projects. Larsen & Toubro is a major Indian multinational in technology, engineering, construction, manufacturing and financial services, with global operations. Old Ahmedabad. The scope of the project includes construction of Tunnels, Formation, Construction Shaft, and other Ancillary works from Chainage 47+360 to 63+117 Km between Rishikesh and Karanprayag. It is one of the largest and most respected companies in India's private sector. Our Sustainability Report has been replaced by an Integrated Report which tracks the sustainability performance of the organisation and its interconnectedness with the financial performance, showcasing how L&T is adding value to its stakeholders. Larsen & Toubro is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. The war-time need to repair and refit and degauss ships offered L&T an opportunity, and led to the formation of a new company, Hilda Ltd, to handle these operations. L&T-NxT rides on this strength and experience of L&T. [16] It also operates through subsidiaries such as L&T Oman LLC,[20] L&T Infrastructure Engineering Ltd,[21] and Hitech Rock Products & Aggregates Ltd.[22], L&T's Power Transmission and Distribution (PT&D) business undertakes projects involving the construction of substations, utility power distribution systems, transmission lines and optic fibre cabling projects. The range of meters varies from Residential, Industrial, Prepayment and Smart Meters. L&T CIN – L99999MH1946PLC004768. The share purchase agreement has been executed on 11 October 2017. L&T provides integrated concept - to - commissioning solutions for supercritical thermal power plants. Larsen & Toubro Ltd. is an investment holding company, which engages in technology, engineering, construction, manufacturing, and financial activities. [5] It was founded by two Danish engineers taking refuge in India. Join to Connect. [6] The company has business interests in basic and heavy engineering, construction, realty, manufacturing of capital goods, information technology, and financial services. L&T provides turnkey solutions[buzzword] across key regions: the Middle East (UAE, Qatar, Kuwait, Oman, Saudi Arabia and Bahrain), Africa (Algeria, Kenya, Ethiopia and Malawi) and ASEAN (Malaysia and Thailand). We are regarded as one of the best places to work, embodied every day by our winning culture made up of entrepreneurial, collaborative and dedicated “Mindtree Minds.”. ECC was eventually rechristened L&T Construction and now accounts for the largest slice of the group's annual revenue. In line with its strategy of focusing on its core businesses, L&T has across the decades exited from several businesses. 50 Most Influential People in the GCC utilities industries. It also provides services for embedded intelligence and engineering. Mumbai, November 19, 2020: The Transportation Infrastructure business of L&T Construction, the construction arm of Larsen & Toubro, has secured another Mega contract from the National High-Speed Rail Corporation Limited (NHSRCL) to construct 87.569 km of the Mumbai-Ahmedabad High Speed Rail (MAHSR) project, popularly referred as the Bullet Train project. The digitalization effort within the group has been a mammoth exercise and executed at speed and scale. Telangana, India. [82] In the electronic segment, L&T offered a range of metres and provides control automation systems for industries. The company manufactured custom-engineered switchboards for industrial sectors like power, refineries, petrochemicals and cement. Our Services Cathodic Electro Deposition Powder Coating Geomet Coating Larsen & Toubro. [11], L&T Construction is among the world's top 15 contractors. This was a joint venture of L&T and Kobe Steel of Japan, to manufacture internal mixers and twin screw roller-head extruder's for the tyre industry.L&T sold its entire 51% stake in L&T Kobelco Machinery Private to its joint venture partner in the company, Kobe Steel of Japan, for Rs 43.5 crore. L&T Valves is a leader in flow-control solutions for critical services. This article, "Larsen & Toubro", is a stub. Installation is often part of the package. The scope of these packages involves Design, Supply, Installation, Testing and Commissioning of Extra High Voltage Transmission Lines on turnkey basis. The company has experience both in India and Globally, delivering single point ‘Concept to Commissioning’ consulting services for infrastructure projects like airports, roads, bridges, ports and maritime structure including environment, transport planning and other related services. [73], L&T sharpened its focus on international markets, especially the Gulf, from 2010 onwards. In December 1950, L&T became a public company with a paid-up capital of ₹20 lakh (US$28,000). [34] L&T-MHPS Turbine Generators Private Limited (formerly known as L&T-MHI Turbine Generators Private Limited) is a Joint Venture Company formed in 2007 in India between Larsen & Toubro Limited (L&T), India, Mitsubishi Hitachi Power Systems (MHPS) and Mitsubishi Electric Corporation (MELCO), headquartered in Tokyo, Japan for manufacture of super-critical Turbines & Generators. L&T Heavy Engineering manufactures and supplies custom designed equipment & critical piping to process industries such as fertilizer, chemical, refinery, petrochemical, and oil & gas, as well as to sectors such as thermal & nuclear power and aerospace. Today, L&T Infra Engineering is an independent corporate entity managed by a Board of Directors. [42][43] The company operates in Western and Southern India, constructing residential, corporate office, retail, leisure and entertainment properties with 35 million sq ft under various stages of development. [8] For administrative purposes, L&T has been structured into five broad categories: Larsen & Toubro originated from a company founded in 1938 in Mumbai by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro. L&T's Smart World & Communication business vertical is designed to provide end-to-end solutions[buzzword] as a master systems integrator in security solutions[buzzword] for critical infrastructure: ports, airports, metros, IT Parks and public buildings. Minni Mishra Engineer at Havells India Ltd North Delhi. If not L&T, who will do it?’ [10], During the 1970s, L&T was contracted to work with Indian Space Research Organisation (ISRO). L&T’s shipbuilding arm offers total solutions – from concept to design for new builds as well as repair and retrofit – for warships. L&T sold their interest to John Deere in 2005. Email for queries or grievances to Company Secretary: L&T Infrastructure Development Projects Limited, L&T Infrastructure Finance Company Limited, L&T Construction Awarded another (*Mega) Contract to build India’s first High-Speed Rail Corridor, L&T Construction Wins (Large*) Contracts for its Power Transmission & Distribution Business in Bangladesh, L&T Construction Wins (Large*) Contract from Rail Vikas Nigam Limited, SNS Features in ‘Top 50 Most Influential People’ List by Utilities Middle East. We combine a proven track record and professional skills, woven together with a culture of trust & caring. [citation needed], Larsen and Toubro Limited was awarded the Hyderabad Metro Rail Project by Government of Telangana. The technology for the process and for manufacturing the plant was imported from Kansai Paints and Equipment Company, Japan. This prompted them to raise additional equity capital, and on 7 February 1946, Larsen & Toubro Private Limited was incorporated. [16], L&T's Water & Effluent Treatment (WET) business undertakes projects involving water supply and distribution, wastewater treatment, industrial and large water systems and smart water infrastructure. However, with the start of the Second World War in 1939 and the resulting blockade of trade lines, the partners started a small workshop to undertake jobs and provide service facilities. The project consists of two packages: Package 1(Cuffe Parade-VidhanBhavan-Churchgate-Hutatma Chowk) and Package 7 (Marol Naka-MIDC-SEEPZ). It executes projects in the renewables space, such as utility scale, microgrids and energy storage. [27] In 2011, L&T entered into a partnership with Sharp for EPC (engineering, procurement and construction) in megawatt solar project and plan to construct about 100 MW in the next 12 months in most of the metros. L&T Construction is among the world’s Top 30 contractors. This is the largest fund tie-up in India for a non-power infrastructure Public Private Partnership (PPP) project.[46]. [16], L&T also undertakes projects in the ferrous and non-ferrous sectors, i.e. You are invited to add content to this page. L&T Finance Holdings offers a diverse set of financial products and services, covering mutual funds, infra finance, home loans and more. The business has a marketing network that spans the globe and is reinforced through strategic alliances with international distributors. In December 1950, the company became a Public Company with a paid-up capital of Rs.2 million. The company enjoys complete freedom to set and pursue its goals, drawing, as and when required, on the technical and managerial resources of L&T Infrastructure Engineering Limited. L&T Technology Services offers design, development and testing services for the industrial products, medical devices, transportation, aerospace, telecom and process industries. The shipyard constructs specialised heavy-lift ships, CNG carriers, chemical tankers, defence & para-military vessels, submarines and other role-specific vessels. [71] L&T, through its current construction, EPC (engineering, procurement, construction) and manufacturing businesses, has made one of the largest deployments of IoT, analytics and AI in the industrial sector in areas such as finance, human resources, labour, and plant material among others. Operating through a wholly owned subsidiary of L&T – L&T Hydocarbon Engineering Limited – this business provides engineering, procurement, fabrication, construction, installation and project management services for onshore and offshore hydrocarbon projects worldwide. In April 2012, L&T commissioned India's largest solar photovoltaic power plant (40 MWp) owned by Reliance Power at Jaisalmer, Rajasthan from concept to commissioning in 129 days. 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