It is a Non-govt company with an Authorized Capital of ₹ 325,00,00,000 (Three Hundred Twentyfive Crore Indian Rupees) and Paid Up Capital of ₹ 280,71,62,752 (Two Hundred Eighty Crore, Seventyone Lakh, … Its clientele includes a large number of Fortune 500 companies globally.[69]. It is registered with Registrar of Companies, Mumbai on Feb 7, 1946. [47], The company is also in the process of building major metro rail projects in the Middle-East.[48]. 1 Salaries for Artek Surfin Chemicals Ltd , find latest salary insights of Artek Surfin Chemicals Ltd for different roles on JobBuzz., artek surfin chemicals,artek surfin chemicals ltd Thank you! A subsidiary of L&T, L&T Infotech is a global IT services and solutions provider with presence in 23 countries. It was founded by two Danish engineers taking refuge in India. L&T provides integrated concept - to - commissioning solutions for supercritical thermal power plants. The digitalization effort within the group has been a mammoth exercise and executed at speed and scale. Its then chairman, Vikram Sarabhai, chose L&T as manufacturing partner. In December 1950, L&T became a public company with a paid-up capital of ₹20 lakh (US$28,000). Larsen & Toubro ECC Division 13 km 49 km 400 km 421 km 521 km 588 km 640 km 655 km 670 km 945 km 1050 km; K.M.Seats Private Ltd Kunnawakkam lake Millennium Square Phorotech Surfin India (Pvt) Ltd Mel Thangal Lake Kulam Propshell's URBANA Thenneri Lake Jeppiaar Institute of Technology ,Kunnam Larsen & Toubro ECC Division. [9], In 1965, L&T had been chosen as a partner for building nuclear reactors. L&T is a team of more than 50000 professionals spread across the globe. Our enterprise clients rely on our domain knowledge to make sense of digital complexity and bring new initiatives to market faster. Know if this is really what people say about it? [23] It also operates in the Middle East, Africa and the ASEAN region. Larsen & Toubro was founded in Mumbai in 1938 by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro. The scope of these packages involves Design, Supply, Installation, Testing and Commissioning of Extra High Voltage Transmission Lines on turnkey basis. L&T Realty is the real estate development arm of Larsen & Toubro. That means that someone helped by starting this page, but it doesn't have much content yet. The sudden internment of German engineers in British India (due to suspicions caused by the Second World War), who were to put up a soda ash plant for the Tata's, gave L&T a chance to enter the field of installation. [16] It also operates through subsidiaries such as L&T Oman LLC,[20] L&T Infrastructure Engineering Ltd,[21] and Hitech Rock Products & Aggregates Ltd.[22], L&T's Power Transmission and Distribution (PT&D) business undertakes projects involving the construction of substations, utility power distribution systems, transmission lines and optic fibre cabling projects. Our Services Cathodic Electro Deposition Powder Coating Geomet Coating [78] In November 2012, L&T sold it to Skanray Technologies Pvt Ltd.[79] Currently, L&T Mysore division manufactures Single-phase and Three-phase static solid-state Electricity Meters to various utilities pan India. The company enjoys complete freedom to set and pursue its goals, drawing, as and when required, on the technical and managerial resources of L&T Infrastructure Engineering Limited. Current Status of Larsen And Toubro Limited is Active. [16], L&T's Heavy Civil Infrastructure (HCI) business undertakes projects in the areas of hydel power, tunnels, nuclear power, special bridges, metros, ports, harbours and defence installations. The group's manufacturing unit in Coimbatore manufactures industrial valves for the power industry, along with, L&T-MHPS Boilers is a joint venture between L&T and Mitsubishi Hitachi Power Systems. Mohamed Yousuf. Many of the projects are being undertaken through joint ventures with leading companies based in the Gulf. As of 2016, L&T Technology Services employs over 10,000 workers and has operations in 35 locations around the world. All rights reserved. It designs and builds solar power plants. It carries out the basic and detailed design for both residential and commercial projects. The sales turnover in that year was ₹1.09 crore (US$150,000). A previously uninhabitable swamp subsequently became the site of its main manufacturing hub. This is the largest fund tie-up in India for a non-power infrastructure Public Private Partnership (PPP) project.[46]. of Transit-Oriented Development (TOD) and is expected to trigger robust economic activity in and around the city of Hyderabad and will generate substantial employment. The company was engaged in design & development, manufacture and supply of special welding electrodes, gas brazing rods and fluxes, welding torches and accessories, atomised metal powder alloys, flux cored continuous wires & wire feeders, polymer compounds & wear-resistant plates. The business has a marketing network that spans the globe and is reinforced through strategic alliances with international distributors. Larsen & Toubro LimitedCIN – L99999MH1946PLC004768L&T House, N.M. Marg, Ballard Estate, Mumbai, Maharashtra - 400 001. It delivers turnkey engineering and construction solutions to offshore and onshore hydrocarbon projects. In 2011, L&T decided to exit this joint venture and sold its share to CNH, and the company was renamed Case New Holland Construction Equipment India.[77]. Germany's invasion of Denmark in 1940 stopped supplies of Danish products. However, with the start of the Second World War in 1939 and the resulting blockade of trade lines, the partners started a small workshop to undertake jobs and provide service facilities. Electrical Maintenance Technician @ Sterling and Wilson PVT Ltd. [84], The equity shares of the company are listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). Installation is often part of the package. The company manufactured custom-engineered switchboards for industrial sectors like power, refineries, petrochemicals and cement. Established in 1990 as L&T-Rambøll Consulting Engineers Limited, the company became the wholly owned subsidiary of L&T in September 2014. Mumbai, January 18, 2021: The construction arm of L&T has secured a Large order for its Heavy Civil Infrastructure business from Rail Vikas Nigam Limited (RVNL) for Package 4 of the New Broad-Gauge Line between Rishikesh and Karanprayag in the State of Uttarakhand, India. ", "An address that is distinctly refined, exceptionally rare", "L&T's 'youngest baby' shows growth in face of slowdown | Business Standard Mobile Website", "Blackstone in talks with L&T realty to buy 1 million sq ft retail space - The Economic Times", "N.V.S. It is the first of its kind in India to undertake cathodic electro-deposition (CED) painting on job-work basis. [75], In 1992, L&T established a 50-50 joint venture with John Deere to manufacture tractors in India, called L&T - John Deere. In 1948, 55 acres of undeveloped marsh and jungle was acquired in Powai, Mumbai. - USA, a global consulting firm in the power industry since 1891, In 2015, the company began developing commercial, retail and office space around the, In June 2019, the company acquired a controlling stake in IT services company Mindtree Ltd, In 1997, the Bengaluru Works division was awarded the "Best of all", In 2014 Larsen & Toubro ranked 500 on Forbes list of. [34] L&T-MHPS Turbine Generators Private Limited (formerly known as L&T-MHI Turbine Generators Private Limited) is a Joint Venture Company formed in 2007 in India between Larsen & Toubro Limited (L&T), India, Mitsubishi Hitachi Power Systems (MHPS) and Mitsubishi Electric Corporation (MELCO), headquartered in Tokyo, Japan for manufacture of super-critical Turbines & Generators. Larsen & Toubro. The share purchase agreement has been executed on 11 October 2017. The company serves customers across the product engineering life cycle from product conceptualization to implementation. L&T Hydrocarbon Engineering, a wholly owned subsidiary of L&T, is dedicated to serving the oil and gas sector around the world. It has executed multiple complex and large-value projects meeting stringent delivery schedules as well as quality and safety norms.[31]. Construction – this covers Buildings & Factories, Heavy Civil Infrastructure, Transportation Infrastructure, Power Transmission & Distribution, Water & Effluent Treatment, Metallurgical & Material Handling and Smart World & Communication; EPC Projects – this includes Hydrocarbon Engineering, Power and Power Development; Manufacturing – this includes Defence Equipment & Systems, Heavy Engineering, Construction, Mining & Industrial Machinery, Industrial Valves and Electrical & Automation Systems; Services – this includes Realty, Information Technology, Technology Services and Financial Services. L&T has a joint venture with Qatari company Al Balagh group through which they jointly are the main contractors for the, Larsen & Toubro Infrastructure Finance: this wholly owned subsidiary commenced business in January 2007 upon obtaining, L&T Valves markets valves manufactured by L&T's Valve Manufacturing Unit and L&T's joint-venture Larsen & Toubro Valves Manufacturing Unit, Coimbatore as well as allied products other manufacturers. [16] It has a subsidiary, L&T Geostructure LLP, and two JVs set up for metros in Doha and Saudi Arabia – ALYSI JV Gold Line Doha Metro and ArRiyadh New Mobility Consortium Riyadh Metro Orange Line. L&T began several foreign collaborations. [33] L&T has formed two joint ventures with Mitsubishi Heavy Industries, Japan to manufacture super critical boilers and steam turbine generators. Services include consulting, design, development, testing, maintenance, and to-market integration services.L&T Technology hits the Indian Capital Markets with its IPO offering 10.4 million shares at a price band of Rs.850 to Rs.860[68], L&T Technology Services, a subsidiary of Larsen & Toubro, is a global engineering services company headquartered out of Vadodara, Gujarat, India. It also provides services for embedded intelligence and engineering. [19] Its track record includes 13,500 lane km of highways, 7.49 million sq.m of runways and 3,260 tkm (track kilometre) of railway tracks. In May 2018, L&T signed a definitive agreement with Schneider Electric for the strategic divestment of its electrical and automation (E&A) business in an all-cash deal of ₹14,000 crore. With twenty-two delivery centres and a diversified work force worldwide, the business is expanding into new geographies even as it consolidates its client facing organization in North America and Europe. This includes Hydrocarbon Engineering, Power and Power Development. Larsen & Toubro (L&T) is a multi-faceted company involved in many different areas of business in India. L&T incorporated a Special Purpose Vehicle - L&T Metro Rail (Hyderabad) Limited ("The Company") to implement the Project on Design, Built, Finance Operate and Transfer (DBFOT) basis. EmSyS, Larsen and Toubro Limited, Mysore September 1989 – Present 30 years 1 month. By 1945, the company represented British manufacturers of equipment used to manufacture products such as hydrogenated oils, biscuits, soaps and glass. [11], In 1976, ECC bid for a large airport project in Abu Dhabi. It will cover 72 km across three corridors, transforming Hyderabad, triggering robust economic activity around the city. [28] L&T Infra Finance, promoted by the parent L&T Ltd, is also active in the funding of solar projects in India. The design wing of L&T ECC is EDRC (Engineering Design and Research Centre), which provides consultancy, design, and services. L&T Technology Services, a subsidiary of Larsen & Toubro, is an engineering services company that operates in the global Engineering, Research and Development (“ER&D”) space. [9], During the 1960s, ventures included UTMAL (set up in 1960), Audco India Limited (1961), Eutectic Welding Alloys (1962) and TENGL (1963). In Jaipur, India's first smart city, L&T provided smart solutions[buzzword] like wi-fi hotspots, citizen information systems and surveillance cameras. If not L&T, who will do it?’ [10], During the 1970s, L&T was contracted to work with Indian Space Research Organisation (ISRO). Shivaji Patil. [citation needed], Larsen and Toubro Limited was awarded the Hyderabad Metro Rail Project by Government of Telangana. L&T CIN – L99999MH1946PLC004768. © 2021 LARSEN & TOUBRO LIMITED. Activity. In April 2012, L&T commissioned India's largest solar photovoltaic power plant (40 MWp) owned by Reliance Power at Jaisalmer, Rajasthan from concept to commissioning in 129 days. [9], After India's independence in 1947, L&T set up offices in Calcutta (now Kolkata), Madras (now Chennai) and New Delhi. The range of meters varies from Residential, Industrial, Prepayment and Smart Meters. As of March 2018, L&T has 93 subsidiaries, 8 associate companies, 34 joint ventures, and 33 joint operation companies. 1,260.6 cr: ICICI Direct [85], As on 31 March 2019, the company had 44,332 permanent employees, out of which 2,822 were women (5.29%) and 90 were employees with disabilities (0.1012%). Construction conglomerate Larsen & Toubro is committed to building a stronger India. [9], In 1944, ECC (Engineering Construction & Contracts) was incorporated by the partners; the company at this time was focused on construction projects (Presently, ECC is the construction division of L&T). ECC's balance sheet, however, did not meet the bid's financial qualification requirement. Minni Mishra. The project consists of two packages: Package 1(Cuffe Parade-VidhanBhavan-Churchgate-Hutatma Chowk) and Package 7 (Marol Naka-MIDC-SEEPZ). LARSEN AND TOUBRO LIMITED is a Public Company limited by Shares. L&T’s shipbuilding arm offers total solutions – from concept to design for new builds as well as repair and retrofit – for warships. In 2010, Larsen & Toubro Limited, bought the entire stake from Messer to become the wholly owned subsidiary of it. [24] Its track record includes 40,000 km of water and wastewater networks and 3,400 MLD (millions of litres per day) of water and wastewater treatment plants. Dr. Homi Bhabha, then chairman of the Atomic Energy Commission (AEC) had in fact first approached L&T in the 1950s to fabricate critical components for atomic reactors. L&T has set up a full range of operations in the Middle East catering to the Gulf and North Africa. Shivaji Patil. [42][43] The company operates in Western and Southern India, constructing residential, corporate office, retail, leisure and entertainment properties with 35 million sq ft under various stages of development. L&T Heavy Engineering manufactures and supplies custom designed equipment & critical piping to process industries such as fertilizer, chemical, refinery, petrochemical, and oil & gas, as well as to sectors such as thermal & nuclear power and aerospace. Larsen & Toubro Infotech Limited, a wholly owned subsidiary of L&T, offers information technology, software and services with a focus on manufacturing, BFSI and communications and embedded systems. Mindtree is a global technology consulting and services company, helping Global 2000 corporations marry scale with agility. Larsen & Toubro Limited, commonly known as L&T, is an Indian multinational technology, engineering, construction, manufacturing and financial services conglomerate headquartered in Mumbai, Maharashtra, India. 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