Larsen & Toubro Ltd.
Similar to: AB Industrivärden
Larsen & Toubro Ltd. operates as an investment holding company with interest in construction. It is a technology, engineering, construction and manufacturing company, with additional interests in electrical & automation, Information technology and other diversified businesses. The company through its subsidiaries operates its business under seven segments: Engineering & Construction, Electrical & Electronics, Machinery & Industrial Products, Financial services, Developmental projects, IT & Technology Services and Others. The Engineering & construction segment comprises execution of engineering and construction projects in India/abroad to provide solutions in civil, mechanical, electrical and instrumentation engineering to core/infrastructure sectors, including railways, shipbuilding and supply of complex plant and equipment to core sectors. The Electrical & Electronics segment comprises of manufacture and sale of low & medium voltage switchgear and control gear, custom-built switchboards, petroleum dispensing pumps & systems, electronic energy meters/protection (relays) systems, control & automation products and medical equipment. The Machinery & Industrial products segment comprises of manufacture and sale of industrial machinery & equipment, manufacture & marketing of industrial valves, construction equipment and welding/industrial products and cutting equipment, manufacture and sale of undercarriage assemblies, manufacture and sale of welding and cutting equipment. The Financial services segment comprises of services such as corporate finance, equipment finance, general insurance infrastructure finance, asset management of mutual fund schemes and related advisory services. The Developmental Projects segment comprises development, operation and maintenance of basic infrastructure projects, toll collection, including annuity based project, power development, development and operation of port facilities, development of urban infrastructure and providing related advisory services. The IT & Technology Services segment comprises information technology and integrated engineering services. The Others segment include ready mix concrete, e-engineering services and embedded systems, information technology services, mining and aviation. Larsen & Toubro was founded by Henning Holck-Larsen and Soren Kristian Toubro in 1938 and is headquartered in Mumbai, India.