6. Company Profile
Type- Public
Industry- Conglomerate
Founded- Mumbai, India(1938)
Founder(s)- Henning Holck-Larsen
Soren Kristian Toubro
Headquarters-Mumbai, India
Area served- Worldwide
7. Key people-A M Naik (Chairman & MD)
Products- Power generation
Refineries
Cement plants
Ships
Switchgear
Services- Engineering Services
Turnkey Projects
IT Services
Shipbuilding
8. Revenue- Ÿ US$ 8.50 billion (2009)
Operating income-Ÿ US$ 900 million (2009)
Net income- Ÿ US$ 0.58 billion (2009)
Total assets- US$ 9.92 billion (2009)
Employees- 35,000 (2007)
9. Divisions -Engineering & Construction Projects (E&C)
Heavy Engineering (HED)
Engineering Construction & Contracts (ECC)
Electrical & Automation (EBG)
Machinery & Industrial Products (MIPD)
Information Technology & Engineering
services.(INFOTECH).
Finance and Banking Solutions(BFS)
Website- www.larsentoubro.com
10. Introduction
Larsen & Toubro Limited (L&T) is a technology, engineering,
construction and manufacturing company. It is one of the largest and
most respected companies in India's private sector
Seven decades of a strong, customer-focused approach and the
continuous quest for world-class quality have enabled it to attain and
sustain leadership in all its major lines of business
L&T has an international presence, with a global spread of offices.
A thrust on international business has seen overseas earnings grow
significantly. It continues to grow its overseas manufacturing
footprint, with facilities in China and the Gulf region
11. Cont..
The company's businesses are supported by a wide marketing and
distribution network, and have established a reputation for strong
customer support.
L&T believes that progress must be achieved in harmony with the
environment. A commitment to community welfare and
environmental protection are an integral part of the corporate
vision.
12. HISTORY
L&T was founded in Bombay (Mumbai) in 1938 by two Danish
engineers, Henning Holck-Larsen and Soren Kristian Toubro.
Both of them were strongly committed to developing India's
engineering capabilities to meet the demands of industry.
1938-1950: Started with trading &making dairy equipment,
fabrication services, war-time ship repair.
Entered construction business
Entered into switchgear business
1960-1980:Emerges as one of the largest & best erection construction
13. Cont..
Commenced Manufacturing earth-moving equipment.
Entered into the cement business in early 1980s
1990-2005:Technology majors for engineering in power
and hydrocarbon sectors
Mid 90s: Entered into IT & Financial Services
Emerges as India͛s largest integrated E&C company.
2006-2009: JVs with MHI for super critical power plant
equipment.
14. Cont..
Foray into Railways sector
Initiated capacity expansion
Expanded Developmental projects business.
Step towards power generation
15. Vision
The L&T vision reflects the collective goal of the company.
It was drafted through a large scale interactive process
which engaged employees at every level, worldwide.
16.
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19.
20. A Nationwide Network
Manufacturing facilities in- 18 locations
Offices in - 19 cities
Management Development Centre ± Lonavala
Knowledge City -Vadodara
Logistic Advantages - Ability to optimize resources at various
locations
25. L&T is its people. They have shaped its destiny ,expanded its
horizons ,and proved to be the one vital differential that
distinguishes L&T from the rest
TALENT ACQUISITION ± Stringent Recruitment processes and
procedures ensure that only the finest talent is selected .
ACADEMIA ±INDUSTRY INTERFACE ± It helps in projecting
the L&T brand in campuses . Post recruitment ,a number of phased
initiatives ensure that the employees aligns his or her personal goals
with the Company¶s objectives
26. Talent Retention-Employee retention is woven into the
company¶s strategy for success. The transformation of an
employee into someone special. Corporate initiatives that act as
catalyst in the process of change include induction programmes
,mentoring.
Continuous Skill Enhancement- It is facilitated through training
modules ,an E-learning Portal, leadership development strategies
and soft skill s amplification programmes .Technology is changing
the face and pace of the work place ,and L&T ensures that its
people stay in step ±and in tune ± with the times.
27.
28. Cont..
Succession Planning± It plays an important part in ensuring
that change does not disrupt continuity . Leadership development
programmes help to mould the leaders of tomorrow
Employee welfare initiatives provide the back ±up support essential
to job performance .These include health care, child education, e.t.c.
As L&T marches forward into the future ,its people will continue to
be its driving force.
31. Future Plans
To design, engineer, manufacture and supply axial fans and air pre-
heaters to Indian thermal power plants ranging between 100 MW to
1200 MW. These products form vital components of energy
efficient thermal power plants.
Larsen & Toubro (L&T) contract by the Ministry of Defense for the
design and construction of 36 High Speed Interceptor Boats for the
Indian Coast Guard. The contract is valued at Rs. 977 crore, and is
among one of the main initiatives being taken by the government to
strengthen coastal security.
32. L&T is eyeing to participate in various upcoming projects in rail
sector such as rolling stock manufacturing, station redevelopment,
urban mass transit systems among others.
Set up plant at Saran in Bihar, which will have the capacity to
manufacture one lakh (100,000) cast steel railroad wheels per
annum.
Larsen and Toubro (L&T) has planned to increase its power
generation capacity to 7000 MW in the near future, power
generation projects to reach a capacity of 5000 MW thermal power
and 2000 MW hydro power within five years.
33. Cont..
L&T is consolidating its presence in he Middle East ,Africa and
South East Asia by ramping up capabilities in EPC
(ENGINEERING PROCUREMENT & CONSTRUCTION) ,
construction and manufacturing.
EPC is concept of building solid fuel captive power plant.
35. Corporate Social Responsibility
Training Institutes- L&T has setup Construction Skills Training
Institutes (CSTI¶s)at Ahmedabad ,Bangalore ,Chennai ,Delhi , it
ensure a steady supply of skilled labour to the construction industry
,helping it sustain its momentum . In addition ,the L&T
Charitable Trust conducts skill training at Mumbai , Lonavala,
Aurangabad ,Latur And Kharel.
37. Record of Achievements
The world's largest coal gasifier made in India and exported to
China
The world¶s biggest EO reactor for a petrochemical complex in
the Gulf
The world¶s largest FCC regenerator for a refinery
Asia¶s highest viaduct
The world¶s longest coal conveyor
L&T played a critical role in building India¶s first nuclear powered
submarine
38. Major Awards Received by L&T in
2010
L&T-Komatsu bags Energy Efficiency & Conservation Award
L&T¶s in-house magazine, The L&T-ite, bags ABCI µMagazine
of the Year Award¶
L&T¶s Electrical Standard Products wins IMC Ramakrishna
Bajaj National Quality Award
L&T is Business Standard µCompany of the Year¶
L&T is The Best Company to Work for in the Manufacturing
Sector ± Business Today
