About L and T company

Today we are going to tell you about which country's company L&T is and who is the owner of L&T company, you all know that this is a very big company of India and along with India, there is a lot of this company in many other countries as well. There is more recognition in this article, we will tell you complete information about Larsen & Toubro. Often many people do not have information about the big company of the country, but for general knowledge, you should know this type of information, it can be useful for you in many ways in future, today we will tell you the company of which country L&T is. Who is the owner of L&T and when was this company established and how much is its net worth?

L&T is a company in which country?

Before telling other information related to this company, let us tell you about which country this company is, L&T is an Indian company and the headquarter of this company is located in Mumbai, Maharashtra, India, this company is located in India as well as other It also does its business in many countries and the main work of this company is connected to engineering, manufacturing, construction, etc.

Recently this company is doing its business in many different countries around the world and it is a very famous and very big company in India. This company has more than 60 units in 25 countries in recent times.

Who is the owner of L&T?


This company was founded in Mumbai on 7 February 1938 by two Danish engineers, Hanning Holch Larsen and Soren Christian Toubro, and when this company was established, this company used to produce only related to milk, but after the 1939 World War. Due to this import restrictions were imposed and for this reason, these two partners started a workshop together and at that time got a very good opportunity to repair the ships.


During this time, this company also started the work of repairing ships and after that, this company incorporated ECC into its company by the partnership in 1944 after that this company established relations in many different countries. After this, until 1945, this company represented British manufacturers of oil, soap, biscuits, and equipment for glass, etc.


The main reason behind naming this company Larsen & Turbo was that the founders of Henning Holch Larsen and Soren Christian Toubro had the surname Larsen and Turbo, due to which the name of this company was also kept the same and in short this company was named People also know it by the name of L&T.

L&T's Total Revenue


According to the report for 2020, the total revenue of this company was Rs 147,813.26 crore and the operating income of this company was Rs 13,430.95 crore, along with this the net income of this company is Rs 9,549.03 crore and the total assets of L&T are Rs 308,140.13 crore and this The company's CO is SN Subrahmanyan and CFO Shankar Raman, who is considered the key person of this company in recent times.


According to the report of the year 2019, the total number of permanent employees in this company is 337,994 and out of this, 2,822 are female employees and 90 are disabled employees after that in 2012, Forbes gave this company the status of the world's ninth largest company and In 1997, this company has also received the “Best of All” award to the Bangalore Works Division, recently in 2020 this company has also been selected for the 'Company of the Year by Business Standard.

What does L&T company do?

L&T company does a lot of manufacturing and construction work.


     Engineering & Construction Projects (E&C)

     Heavy Engineering (HED)

     Engineering Construction & Contracts (ECC)

     Electrical & Electronics (EBG)

     Machinery & Industrial Products (MIPD)

     Information Technology & Engineering Services


     L&T-Case Equipment Private Limited

     L&T Komatsu Limited (LTK)

     Tractor Engineers Limited (TENGL)

     Audio India Limited (AIL)

     L&T–Demag Plastics Machinery Limited

     EWAC Alloys Limited


     L&T Finance Limited

     L&T International FZE

     L&T Urban Infrastructure Limited

     L&T Infrastructure Finance Limited

     L&T Capital Company ltd. (LTCCL): Subsidiary Company

     L&T Infrastructure Development Projects Ltd. (L&TIDPL): Subsidiary Company

The L&T Power


A distinct entity focused on potential in coal-, gas-, and nuclear-powered projects have been established by L&T. The division offers assistance in setting up captive, cogeneration, and utility power plants. L&T and Mitsubishi Heavy Industries of Japan have established two joint ventures to produce steam turbine generators and supercritical evaporators, respectively.

Information Technology


L&T Infotech Company, a wholly-owned subsidiary of L&T, provides software solutions and services focused on manufacturing, finance and communications, and embedded systems. Customers of L&T include industrial conglomerates such as Chevron Corporation, LG, Samsung, Hitachi, Lafarge, Johnson & Johnson, Citigroup, and Qualcomm.

 Electronics and electricity


L&T is a global manufacturer of many different electrical and electronic systems, products, and components. L&T produces particularly crafted switchgear for industries like cement, petrochemicals, power, and refineries. L&T offers a variety of meters as well as control and automation systems for enterprises in the electronics sector.

Construction


A significant portion of L&T's business is contributed by the manufacturing sector. L&T is currently one of India's largest construction firms. L&T is active in a number of construction-related industries, including civil, mechanical, electrical, and instrumentation. L&T has concentrated on the building industry in the SAARC, Russia, Mauritius, South East Asia, the Middle East, and CIS nations.

Some interesting things about L&T.

The Tata Group, the biggest business in India at the time, awarded L&T a massive project totaling $1,000,000 to build a soda plane for themselves.


He gave this project to L&T since a German engineer had been assigned to it earlier but left due to World War 2. because the Germans suffered a terrible defeat in World War Two. Because of this, the British kept the Germans in captivity in their nation, and L&T was handed the project.L&T has operations in seven additional nations in addition to India. Due to its customer-centric strategy and emphasis on top-notch quality, it became well-known as one of the largest and most reputable private sector enterprises in India.


By Moni Sinhmar


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