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As of 31 March 2022, L&T has 93 subsidiaries, 5 associate companies, 27 joint ventures and 35 joint operations. [18]L&T – Construction Equipment Limited: having its registered office at Mumbai, India and focusing on construction equipment and mining equipment, L&T-Komatsu Limited [19] was a joint-venture of Larsen and Toubro, and Komatsu Asia Pacific Pte Limited, Singapore, a wholly owned ...
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.
L&T Technology Services (LTTS) was founded in 2006 as L&T Integrated Engineering Services. In its first year, the company generated $70 million in revenue. Initially, it only operated as the engineering arm of Larsen & Toubro [ 6 ] and in 2013, as a result of L&T's strategy, the parent company was split into "nine verticals and six subsidiaries ...
Mindtree Limited was an Indian multinational information technology services and consulting company, headquartered in Bangalore.Mindtree was acquired by Larsen & Toubro in 2019, before being merged with L&T Infotech (LTI) in 2022 to form LTIMindtree.
However, L&T lacked the money to purchase them. Therefore, Holck-Larsen and Toubro decided to raise additional equity capital, and as a result, Larsen & Toubro Private Limited was established on 7 February 1946. [3] After India gained independence in 1947, L&T set up offices in Calcutta, Madras and New Delhi.
The main contractor is L&T Defence, while the ships will be built in the facilities of L&T Shipbuilding. Bharat Electronics signed a ₹ 8.47 billion (US$99 million) contract with L&T in March 2024 to supply 14 types of communications and electronic warfare systems for the cadet training ships.
L&T may refer to: Larsen & Toubro, a large Indian engineering and construction conglomerate; Lemon & Te Aroha, a New Zealand soft drink; Lord & Taylor, the oldest ...
After India gained independence in 1947, L&T set up offices in Calcutta, Madras, and New Delhi. In 1948, L&T acquired 55 acres (22 ha) of undeveloped land in the Powai suburb of Mumbai. Larsen and Toubro gradually transformed L&T into a large business house with diverse interests. A 2006 article in The Hindu described Toubro as follows: [2]