Larsen & Toubro (L&T) is an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It operates in many countries worldwide. A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for many decades. The company is engaged in core, high impact sectors of the economy and its integrated capabilities span the entire spectrum of ‘design to delivery’. Every aspect of L&T's businesses is characterized by professionalism and high standards of corporate governance. Sustainability is embedded into its long-term strategy for growth. The Company’s manufacturing footprint extends across various countries in addition to India. L&T has several international offices and a supply chain that extends around the globe.

Business area of the company

L&T is a technology, engineering and construction company with global operations. It is one of the largest and most respected companies in India’s private sector. In the Engineering & Construction business, L&T operates as a contractor in key verticals including process industries, oil and gas, infrastructure, power, minerals, nuclear power and aerospace, water, civil structures, etc. It also undertakes turnkey projects in these fields.

The Electrical and Electronics division is engaged in the business of low and medium voltage switchgear products, electrical systems, energy meters, medical equipment, control and automation solutions, etc.

The Machinery & Industrial Products division manufactures machinery for paper & mining industry and rubber processing machinery. It also does trading and servicing of products manufactured by various associates, i.e., construction & hydraulic equipment, industrial valves, welding & industrial products.

Products and services of the company

Construction 

• Buildings & Factories
• Transportation Infrastructure
• Heavy Civil Infrastructure
• Water & Effluent Treatment
• Renewable Energy
• Power Transmission & Distribution
• Smart World & Communication

Heavy Engineering

• Process Plant
• Nuclear Power Plant
• Modification, Revamp and Upgrades
• Special Fabrication Unit
• Green Portfolio

Finance

• Housing Finance
• Loan Against Property
• Personal Loans
• Two-Wheeler Finance
• Farm Equipment Finance
• SME Loans
• Micro Loans

Hydraulics

• Hydraulic Cylinders
• Swivel / Rotary Joints
• High Torque Low Speed Motors
• Radial Piston Pumps
• Customised Hydraulic Systems

Hydrocarbon

• Offshore
• Onshore EPC
• Modular Fabrication
• AdVENT
• Asset Management
• Offshore Wind

Energy-CarbonLite Solutions

• Coal Based Power Plants
• Gas Based Power Plants

Rubber Processing Machinery

• Mechanical Tyre Curing Presses
• Hydraulic Tyre Curing Presses
• Tyre Building Machines
• Auxiliary Equipment
• Spares
• Tube Curing Presses
• Bladder Curing Presses

Semiconductors

• L&T Semiconductor Technologies

Shipbuilding

• New Construction - Defence Shipbuilding
• New Construction - Commercial Shipbuilding
• Ship Repairs, Refits & Mid-Life Upgrades

Valves

• Gate, Globe & Check Valves - Bolted Bonnet
• Gate, Globe & Check Valves - Pressure-seal
• Trunnion-mounted Ball Valves
• Triple-offset Butterfly Valves
• Digital Solutions

Awards & Recognition

2009

• L&T bags Achievement Award from FinanceAsia
  
• A.M. Naik, L&T’s CMD, wins Qimpro Platinum Standard – National Statesman Award
  
• L&T bags EuroFinance Award for Corporate Treasury Management
  
• Y. M. Deosthalee: CFO of the Year – CNBC TV 18
  
• Y. M. Deosthalee, L&T’s Chief Financial Officer, was adjudged ‘CFO of the Year’ and also ‘Best Performing CFO in the Capital Goods Sector’ by CNBC TV 18, India’s leading business news channel. (November 18, 2009)
  
• L&T’s Sustainability Reporting receives Asian honours
  
• Finance Asia rates L&T among India’s Best Managed Companies
  
• L&T wins NDTV Profit Business Leadership Award 2009
  
• NITIE honours A.M. Naik with Lakshya Business Visionary Award
  
• Bharat Shiromani Award for A.M. Naik
  
• L&T on Forbes Asia’s Fabulous 50 List – Fourth Time in a Row
  
• Naik features in DNA’s ‘Mumbai’s 50 Most Influentials’
  
• Naik featured in Business Week’s ‘India’s 50 Most Powerful People’
  
• M. Naik receives Padma Bhushan from the President of India
  
• CII honours L&T with Corporate Wellness Award
  
• L&T wins D&B-Rolta Top Indian Company Award
  
• L&T-Chiyoda bags ICWAI Award for Excellence in Cost Management
  
• L&T Wins Golden Peacock Award for Corporate Social Responsibility
  
• Chemtech Business Leader of the Year
  
• L&T bags FICCI Award for Outstanding Corporate Vision
  
• Technology Block at Hazira wins LEED Platinum Rating
  
• L&T is ‘Best for Investor Relations’: Asiamoney
  
• Padma Bhushan for Mr. A. M. Naik
  
• A.M. Naik Conferred Gujarat’s Highest State Honour - ‘Gujarat Garima Award’

2010

• A.M. Naik, CMD, Honoured at CNBC TV18’s India Business Leader Awards
  
• A.M. Naik wins CNBC’s Asia Business Leader Award
  
• A.M. Naik wins Golden Peacock Award for Lifetime Achievement in Business Leadership
  
• L&T Ranks Among Top 10 in Carbon Disclosure
  
• Delhi Airport wins British Construction Industry Award
  
• Economic Times Company of the Year Award to L&T
  
• L&T wins BCCI's Good Corporate Citizen Award
  
• L&T featured again in Forbes Asia's Fabulous 50
  
• A.M. Naik Conferred Award for Outstanding Contribution to Corporate Leadership
  
• Double Honours for L&T at NDTV Profit
  
• L &T wins Social Development Award from Bombay Chamber of Commerce
  
• L&T wins Corporate Wellness Award from Confederation of Indian Industry
  
• L&T bags Businessworld-FICCI Corporate Social Responsibility Award
  
• L&T is Business Standard ‘Company of the Year’
  
• A.M. Naik Honoured with OceanTEX Business Leader of the Year Award
  
• L&T's in-house magazine, The L&T-ite, bags bags ABCI ‘Magazine of the Year Award’
  
• A.M. Naik Wins ‘CEO of the Year’ Award from ISTD, Bangalore
  
• L&T-Komatsu bags Energy Efficiency & Conservation Award
  
• L&T is The Best Company to Work for in the Manufacturing Sector - Business Today

2011

• A.M. Naik, CMD, L&T, was ranked the ‘Best CEO’ in the Industrials segment in Asia in the All Asia (excluding Japan) Investor Relations Perception Study conducted by the prestigious Institutional Investor magazine. (July 14, 2011)
  
• Y.M. Deosthalee, L&T ’s Chief Financial Officer and Member of the Board, won the award for ‘India’s Best CFO’ in the annual survey organised by the leading business publication Business Today and Yes Bank. (July 4, 2011)
  
• L&T Ranks among Top Three ‘Most Attractive Employers’. The award recognizes the country’s best corporate houses to work for among 150 of the largest employers, based on the opinion of over 10,000 potential, as well as, employed workforce in India. (June 29, 2011)
  
• L&T was ranked among the Top 5 in an Index of Thought Leaders in India published by a London-based communications agency. In the Index, L&T ranks higher than several global brands. The research was conducted by research consultancy firm GlobeScan for the Index of Thought Leaders 2011. (June 24, 2011)
  
• L&T’s sustainability practices won another accolade as it bagged the Financial Express-EVI Green Business Leadership Award for 2010-11 in the large corporate (engineering) segment. The event was organised jointly by The Financial Express and Emergent Ventures India – an integrated climate change and clean energy firm. (June 7, 2011)
  
• L&T’s Powai Manufacturing Facility and its ‘green manufacturing’ practices won accolades at the Frost & Sullivan Green Manufacturing Excellence Awards 2011 in Mumbai on 29th April. L&T won the award in the highest category of ‘Overall Leaders’, for its accomplishments in the large enterprise segment. (May 02, 2011)
  
• L&T’s Corporate Social initiatives (CSI) were yet again acknowledged and applauded – this time with the prestigious ‘Golden Peacock Global CSR Award 2011’. L&T was selected in the category of ‘Top Performer Award’ for its accomplishment in the large enterprise segment. The award honours the Company’s commitment towards community welfare and social development. (April 30, 2011)
  
• The L&T Monthly Income Plan (MIP) has bagged the coveted 5 Star Ranking from ICRA, and was awarded the ICRA Mutual Fund Award 2011. L&T Mutual Fund won this award against stiff competition with some of India’s largest AMCs, proving its fund management expertise. (March 25, 2011)
  
• L&T’s Chairman and Managing Director, A. M. Naik, was featured among an elite group of business leaders who are giving thrust, direction and momentum to the process of change that is transforming India’s economic landscape. The book ‘In Search of Change Maestros’ has been co-authored by management guru and former director of IIM – Lucknow, Prof Pritam Singh, along with Dr. Asha Bhandarker – a member of the senior faculty at the Management Development Institute, Gurgaon. The volume was released at a gala launch function at the National Centre for the Performing Arts, Mumbai on Monday, March 7, 2011.
  
• A.M. Naik, Chairman & Managing Director, L&T, emerged as among the most high profile of India’s corporate leaders in the Indian and the global media. A recent survey of press citations saw Mr. Naik’s rankings soar among the country’s news makers. He was ranked Number 10 in the Indian media, having seen a rise of 157 per cent. In the survey of global media, Mr. Naik is ranked 12th.
  
• In recognition of L&T’s CMD, Mr. A.M. Naik’s stellar contributions to the industry and nation, the Mumbai based CHEMTECH Foundation has conferred on him its prestigious Hall of Fame - Leadership & Excellence Award 2011. (February 24, 2011)
  
• L&T bagged the ’India Shining Star CSR Award’, instituted by the Wockhardt Foundation, for Outstanding CSR in the sector for companies engaged in heavy engineering. (February 19, 2011)
  
• L&T’s CSR initiatives were again in the limelight as it bagged the award for ’Company with the Best CSR and Sustainability Practices’ by the Asian Centre for Corporate Governance and Sustainability. The award was presented at the 11th International Conference of the Centre in Mumbai on February 11, 2011.
  
• Leading business magazine, Businessworld’s rankings of ’Most Respected Companies’ saw stellar honours for L&T. In the sector-wise survey, L&T was ranked ’India’s Most Respected Company’ in the Infrastructure category. In the overall rankings, L&T emerged second.
  
• The Institute of Chartered Accountants of India (ICAI) – the country’s apex body of Chartered Accountants – has bestowed its highest honour, ‘Business Achiever – Corporate’ for the year 2010 on Mr. Y.M. Deosthalee, CFO, L&T, for his outstanding contribution to business leadership as a finance professional. The institute saluted his role in providing strategic direction to the business of financial services, development projects and Information Technology of the L&T Group. (January 30, 2011)
  
• Union Finance Minister, Mr. Pranab Mukherjee, presented L&T, The Economic Times 'Company of the Year Award - 2010' at a function in Mumbai attended by the elite of business and industry, leading political figures including Mr. Jairam Ramesh, Environment Minister, Mr. Kapil Sibal, HRD & Telecom Minister, Mr. Salman Kurshid, Corporate Affairs Minister, Mr. Prithviraj Chavan, Chief Minister of Maharashtra, and other celebrities. The award was received on behalf of L&T by Mr. A.M. Naik, Chairman & Managing Director. (January 08, 2011)
  
• M. Naik receives Padma Bhushan from the President of India CII honours L&T with Corporate Wellness Award L&T wins D&B-Rolta Top Indian Company Award  L&T-Chiyoda bags ICWAI Award for Excellence in Cost Management L&T Wins Golden Peacock Award for Corporate Social Responsibility Chemtech Business Leader of the Year L&T bags FICCI Award for Outstanding Corporate VisionTechnology Block at Hazira wins LEED Platinum Rating L&T is ‘Best for Investor Relations’: Asiamoney  Padma Bhushan for Mr. A. M. Naik ET Business Leader of the Year for Mr. A. M. NaikMr. A.M. Naik Conferred Gujarat’s Highest State Honour - ‘Gujarat Garima Award’,  and many more

2012

• L&T Heavy Engineering Wins National Award for Export Excellence
  
• L&T Hydrocarbon Bags CNBC TV18 ‘Infrastructure Excellence Award’.
  
• L&T - Chiyoda wins ICAI National Award for Excellence in Cost Management - 2011.
  
• L&T Heavy Engineering Wins Safety Innovation Award.
  
• L&T wins NDTV Profit Business Leadership Award.
  
• L&T Ranks among Top 10 in S&P ESG India Index.
  
• FICCI Awards for Excellence in Quality Systems.
  
• L&T Top Engineering Company in Business Today Listing of ‘Best Companies to Work For’.
  
• L&T 9th in Global Ranking of World’s Most Innovative Companies.
  
• L&T Voted ‘Champion of Champions’ at the ABCI 52nd Annual Awards.

2013

• L&T Power Wins ‘Golden Peacock National Quality Award’.
  
• L&T bags NDTV Profit Business Leadership Award.
  
• L&T Wins D&B Top Infrastructure Company Award.

2014

• L&T Electrical & Automation's AU-Series Wins Best Product Award at ELECRAMA 2014.
  
• L&T Wins Most Attractive Employer In Infrastructure Industry from Randstad.
  
• L&T Technology Services Wins Frost & Sullivan Excellence Award
  
• L&T Wins Golden Peacock Award for Excellence in Corporate Governance.
  
• F&S India Manufacturing Excellence Award for MFF-Hazira.

2015

• L&T Wins BCCI’s Good Corporate Citizen Award.
  
• L&T Wins Award for Excellence in Power Project Execution.
  
• L&T Wins Golden Peacock Award for Risk Management.

2016

• L&T Technology Services is IACC ‘Company of the Year’

2017

• FICCI Quality Systems Excellence Award.
  
• Best Capital Projects & Infrastructure Risk Management Award from CNBC TV18.

2018

• ‘Special Recognition Award’ in Randstad Brand Survey.
  
• Ranked Among World’s Best Employers by Forbes.

2019

• L&T Construction’s Vertical Recognized As ‘Best Performing Power Transmission & Distribution Organization’.
  
• L&T Wins D&B Corporate Award 2019.
  
• Ranked among Top 10 Employer Brands in India by Randstad Employer Brand Research.
  
• L&T in listing of Asia’s Most Honoured Companies - Institutional Investor Survey 2019.

2020

• L&T Chosen as the ‘Company of the Year’ by Business Standard.
• L&T Wins Two Risk Management Trophies from CNBC TV18