The evolution of L&T into the country's largest engineering and construction organization is among the most remarkable success stories in Indian industry.
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.
Beginning with the import of machinery from Europe, L&T rapidly took on engineering and construction assignments of increasing sophistication. Today, the company sets global engineering benchmarks in terms of scale and complexity.
Our 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.
L&T shall be professionaly managed Indiam multinational, commited to total customer satisfaction and enhancin share holder value.
Awards & Recognitions
L&T's Corporate Social Initiatives won further laurels with an award from the Bombay Chamber of Commerce and Industry (BCCI). The Social Development Award - one of BCCI's prestigious annual Civic Awards - recognises and rewards best practices among corporates with a view to securing wider acceptance for such practices across the industry. (June 10, 2010)
The Confederation of Indian Industry (CII) honoured L&T with its prestigious Corporate Wellness Award for ‘Best Health Practices’ in the manufacturing sector. The award was presented at the valedictory session of CII’s National Conference & Annual Session, held in New Delhi, on May 12, 2010.
Appreciating the extensive effort put in by L&T in transforming lives through its Corporate Social Responsibility initiatives, well-known business magazine, Businessworld, and the Federation of Indian Chambers of Commerce and Industry (FICCI) have conferred on it the coveted Businessworld-FICCI-SEDF Corporate Social Responsibility Award. (May 11, 2010).
L&T bagged the Company of the Year award from the leading business daily, Business Standard. Union Home Minister, Mr. P. Chidambaram, presented the award to Mr. A.M. Naik, Chairman & Managing Director, L&T, at a glittering function in Mumbai on March 30, 2010.
The Mumbai based CHEMTECH Foundation has awarded L&T's Chairman & Managing Director, Mr. A.M. Naik, its prestigious ‘OceanTEX Business Leader of the Year’ Award. (March 30, 2010).
The Electrical Standard Products (ESP) business unit of Electrical & Automation Operating Company of L&T, won the coveted IMC Ramkrishna Bajaj National Quality Award 2009. (March 19, 2010).
L&T’s employee magazine, The L&T-ite, bagged the ‘Magazine of the Year Award’ from the Association of Business Communicators of India at the 49th Annual Awards Contest. L&T also bagged a tally of 10 other awards at the competition. This is the highest number of awards won by any of the 86 companies from around the country that participated in the annual contest. (March 19, 2010).
The New Delhi based Indian Society for Training & Development (ISTD), conferred its prestigious ‘CEO of the Year’ Award on Mr. A.M. Naik, L&T′s CMD. (February 14, 2010).
L&T-Komatsu (LTK) has bagged the prestigious award for being ‘The Most Innovative Company in Energy Efficiency & Conservation’ from the Bangalore Chamber of Industry and Commerce (BCIC). This award recognises LTK’s commitment to energy conservation in line with the EHS management system followed by the organisation. (February 11, 2010).
The leading business magazine, Business Today (BT) ranked L&T ‘Best Company to Work For’ in the manufacturing sector, ahead of companies like Grasim and BHEL. In the overall rankings of best companies to work for across all sectors, L&T has been ranked 11. (January 22, 2010).
Board Of Directors
"The company that we run has a strong heritage of professionalism that places the highest value on merit and integrity. In the 70th year of the existence of L&T, all the directors on our board are conscious of our responsibility in transforming the organisation to make it truly world class, to ensure its continued long term success and growth."
A. M. Naik (Chairman & Managing Director)
I.P. Nayak (Whole-time Director & President)
Y. M. Deosthalee (Whole-time Director & Chief Financial Officer)
K. Venkataramanan (Whole-time Director & President (Engineering & Construction Projects))
R. N. Mukhija (Whole-time Director & President (Electrical & Electronics))
K. V. Rangaswami (Whole-time Director & President (Construction))
V. K. Magapu (Whole-time Director & Senior Executive Vice President (IT & Technology Services))
M. V. Kotwal (Whole-time Director & Senior Executive Vice President (Heavy Engineering))
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