Larsen & Turbo Company (L&T)
Type of company : Public company
Products : conglomerates
Founded on : 7 February 1938
Headquarters : Mumbai presidency
Founders : Henning Holck-Larsen , Søren Kristian Toubro
Area served : worldwide
Products : Heavy equipment Electricals equipment,power
generation,Construction,Engineering,IT Services,Rapid
transit,Finance,Shipbuilding,Real estate,Defense
Subsidiary companies : L&T Technology Services, L&T Infotech, L&T Hydrocarbon
Engineering, L&T Mutual Fund, MindtrTec
Headquartered in Mumbai, Larsen & Toubro Limited is one of the largest and most
respected companies in India's private sector. With over 80 years of a strong,
customer focused approach and a continuous quest for world-class quality, L&T has
unmatched capabilities across Technology, Engineering, Construction and
Manufacturing, and maintains a leadership in all its major lines of business.
Technology Hubs & Partnerships
L&T's technology strength constitutes a strategic mix of in-house Research &
Development and the expertise of its joint venture partners. With a continuous
focus on innovation, design and development, the future is taking shape in L&T's
Technology and Innovation centres around the world.
This technology expertise is deployed across all businesses of L&T, ensuring added
value to our customers.
L&T Construction is among the world’s Top 30 contractors. The business
encompasses multiple business - Buildings & Factories, Transport Infrastructure,
Heavy Civil Infrastructure, Smart World & Communication, Water & Renewable
Energy and Power Transmission & Distribution.
Larsen & Toubro Limited, commonly known as L&T Limited is an
Indian multinational conglomeratecompany headquartered
in Mumbai, Maharashtra, India.[3] It was founded by two Danish engineers taking
refuge in India.[4] The company has business interests in heavy engineering,
construction, realty, manufacturing of capital goods, information technology, and
financial services. As at March 31, 2018, L&T Group comprises 93 subsidiaries, 8
associates, 34 joint-venture and 33 joint operations companies.[5]
L&T formed a joint venture with SapuraCrest Petroleum Berhad, Malaysia for
providing services to the offshore construction industry.[7] The joint venture owns
and operates the LTS 3000, a crane vessel for heavy lifting and pipe-laying.
L&T Power has set up an organisation focused on coal-based, gas-based and nuclear
power projects.[8]L&T has formed two joint ventures with Mitsubishi Heavy
Industries, Japan to manufacture super critical boilers and steam turbine
generators.[9]
L&T is among the largest five fabrication companies in the world.[10] L&T has a
shipyard capable of constructing vessels of up to 150 metre long and displacement
of 20,000 tons[11] at its heavy engineering complex at Hazira, Gujarat. The shipyard
constructs specialised heavy-lift ships, CNG carriers, chemical tankers, defence &
para-military vessels, submarines and other role-specific vessels.
The design wing of L&T ECC is EDRC (Engineering Design and Research Centre),
which provides consultancy, design, and services. It carries out the basic and
detailed design for both residential and commercial projects.