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Larsen & Toubro Limited, abbreviated as L&T, is an Indian multinational conglomerate, with interests in industrial technology, heavy industry, engineering, construction, manufacturing, power, information technology, military and financial services. It is headquartered in Mumbai, Maharashtra.
Holck-Larsen was a risk-taker while Toubro was more conservative. [3] Holck-Larsen and Toubro saw opportunities in India at a time when few Europeans had realised the country's potential for industrial growth. The first office of L&T, located in Mumbai, was so small that only one of them could use it at a time. [4]
S. N. Subrahmanyan joined the ECC Division of Larsen & Toubro in 1984 and began working with leaders like Cheyur Ramaswamy Ramakrishnan (former Joint Managing Director, L&T), A Ramakrishna (former President & Deputy Managing Director, L&T) and K V Rangaswami (former President, ECC).
In 1938, Toubro partnered with his former schoolmate Henning Holck-Larsen, a chemical engineer and a fellow F.L.Smidth's employee, to establish Larsen & Toubro. The idea of L&T was conceived during a holiday in Matheran, a hill station near Mumbai. [2] Holck-Larsen was a risk-taker while Toubro was more conservative. [1]
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Anil Manibhai Naik (born 9 June 1942) is an Indian industrialist, philanthropist and the chairman emeritus of Larsen & Toubro, [1] an Indian engineering conglomerate, and a former chairman of the National Skill Development Corporation.
The company was founded as L&T Information Technology Ltd in December 1996 as a subsidiary of Larsen & Toubro. [5] During 2001–2002, the company's name was changed from L&T Information Technology Ltd to L&T Infotech Ltd and in the same year the company achieved the assessed level of Software Engineering Institute's (SEI) Maturity Level 5.