Larsen & Toubro Net Worth is19.0 12-Month Sales Growth (%)
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Type: Public company
Foundation: Mumbai, India (1938)
Founder: Henning Holck Larsen, Søren Kristian Toubro
Location City: L&T House, Ballard Estate,, Mumbai, Maharashtra
Location Country: India
Area Served: India, Middle East, East Asia and South East Asia
Key People: A. M. Naik (Executive Chairman), K. Venkataramanan (CEO & Managing director)
Industry: Conglomerate (company)
Products: Construction, IT Services
Revenue: url
Operating Income: net income
Assets: equity
Num Employees: 45,117 (2012) Divisions: Technology, engineering, construction, manufacturing
Subsid: Larsen & Toubro Infotech, L & T Mutual Fund, L&T Infrastructure Finance Company Limited, L&T Finance Holdings, L&T IES
Slogan: It's all about Imagineering, We make the things that make India proud
Intl: Yes
Coordinates: 18A?56a??06.07a??N 72A?50a??30.00a??Ei>>? / i>>?18.9350194A?N 72.84167A?Ei>>? / 18.9350194; 72.84167
Larsen & Toubro Limited, also known as L&T, is an Indian multinational conglomerate headquartered in Mumbai, India. The company has business interests in engineering, construction, manufacturing goods, information technology and financial services.
L&T is India's largest engineering and construction company, with a dominant presence in India's infrastructure, power, hydrocarbon, machinery, shipbuilding and railway sectors. In recent years, L&T has expanded its global presence and international projects contributed 9% of its overall order book for the 2010a??11 period.
Considered to be the "bellwether of India's engineering sector", L&T was recognized as the Company of the Year in 2010. L&T has featured four times in Forbes Fab 50 list of the best public companies in the Asia-Pacific region. In 2012, Forbes magazine ranked L&T the world's 9th most innovative company, ahead of Google and Apple Inc.
The company was founded in Mumbai in 1938 by two Danish engineers, Henning Holck-Larsen and SA,ren Kristian Toubro. The company began as a representative of Danish manufacturers of dairy equipment. However, with the start of the Second World War in 1939 and the resulting restriction on imports, the partners started a small workshop to undertake jobs and provide service facilities. Germany's invasion of Denmark in 1940 stopped supplies of Danish products. The war-time need to repair and refit ships offered L&T an opportunity, and led to the formation of a new company, Hilda Ltd., to handle these operations. L&T also started two repair and fabrication shops signalling the expansion of the company. The sudden internment of German engineers in India (due to suspicions caused by the War), who were to put up a soda ash plant for the Tatas, gave L&T a chance to enter the field of installation. In 1944, ECC was incorporated by the partners; the company at th

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