Larsen & Toubro

Larsen & Toubro Limited

Personal information
Full name	Larsen & Toubro
Company type	public
Founded	(1991-09-05) 7 February 1946 (81 year ago) Pune, India

Larsen & Toubro Limited is an Indian multinational conglomerate headquartered in Mumbai. It operates in sectors including industrial technology, heavy industry, engineering, construction, manufacturing, power, information technology, defence, and financial services. L&T was founded in 1938 in Bombay by Danish engineers Henning Holck-Larsen and Søren Kristian Toubro.As of 31 March 2022, the L&T Group consisted of 93 subsidiaries, 5 associate companies, 27 joint ventures, and 35 joint operations.

Larsen & Toubro Limited was founded in 1938 in Bombay by Danish engineers as a partnership to represent industrial equipment businesses. Initially focused on engineering services and equipment supply, the company expanded during World War II by providing repair and fabrication services for ships and industrial projects. Over the years, it grew into a major engineering and construction enterprise and formally incorporated in 1946. Strategic partnerships and diversification allowed L&T to enter sectors such as heavy engineering, defence, and infrastructure development.
During the 1960s and 1970s, L&T expanded its capabilities in construction and industrial manufacturing. It worked on large infrastructure projects and collaborated with organizations such as the Indian Space Research Organisation (ISRO) and the Defence Research and Development Organisation (DRDO). These partnerships strengthened its expertise in high-technology engineering and defence systems. The merger of its construction division, Engineering Construction & Contracts (ECC), further enhanced its operational scale and revenue generation in large-scale projects.
In recent decades, L&T has diversified into information technology, financial services, and advanced manufacturing. It has undertaken major infrastructure projects and expanded its defence production capabilities. The company also increased its presence in digital transformation and industrial technology. Today, L&T remains one of India’s leading multinational conglomerates with operations across engineering, construction, defence, and technology-driven industries.

Larsen & Toubro Limited operates in engineering, construction, heavy industry, defence manufacturing, information technology, and financial services. The company designs and builds infrastructure projects, industrial plants, and advanced engineering systems. It also manufactures defence equipment and space technology components in partnership with government organizations. Through its IT and financial services divisions, L&T provides technology solutions and financial products. Its operations focus on innovation, large-scale engineering, and industrial development.

The business career of Larsen & Toubro Limited reflects continuous growth and diversification. Starting as an engineering services provider, it evolved into a multinational conglomerate with operations in multiple high-value industries. Strategic investments in infrastructure, defence, and technology strengthened its market position. Major international contracts and partnerships expanded its global presence. Today, L&T is recognized as a leader in engineering and industrial development with significant contributions to India’s economic and technological growth.

The ideology of Larsen & Toubro Limited focuses on innovation, engineering excellence, and sustainable development. The company emphasizes long-term value creation through technology-driven solutions and infrastructure advancement. It supports industrial growth and modernization by delivering high-quality engineering projects. Ethical business practices and social responsibility form part of its corporate philosophy. L&T aims to contribute to economic development while maintaining a commitment to innovation and operational excellence.

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