L&T -Larsen & Toubro:
The full form of L&T is Larsen and Toubro Pvt. It is a multinational production corporation, which specializes in technology, engineering, construction, and manufacturing companies. L&T is one of the most reputed companies in the Indian private sector.
L&T is formed by two Danish engineers, Holck-Larsen and Toubro; later they founded the partnership form of L&T in 1938. And converted into a limited company on Feb 7, 1946. Now L&T is the combination of a multi-production platform, especially engineering and construction.
The business area of L&T includes:
Larsen & Toubro has an enormous business sector all over the world. The key products and services engaged with L&T are construction and project-related activities and engineering services of the world’s high-class quality. Let’s see the major specialization of L&T.
- Constructions and Building projects.
- Machinery and Industrial equipment.
- Financial services
- Information Technology and Engineering Works.
- Shipbuilding.
- Electrical and electronics products.
- Automation and mining.
Mission and Vision of the company:
L&T is a professionally managed Indian multinational company, which provides the best outcome and products worldwide. On the other hand, it satisfies the customer needs and enhances the shareholders of the country.
L&T shall be ingenious, empowering teamwork to produce a better product. As well as creating trustworthy value among the people. L&T is engaged in high-impact sectors of the economy. They took millions of projects worldwide and delivered in their unique and perspective way, which keeps clients always engaged with the outcome of the company.
Conclusion:
Larson & Toubro is a multinational engaged company with EPC projects. A strong, customer-focused approach and top-class quality have enabled L&T to attain leadership in its major lines of business. Their business model is customer segment, values proportions and customer relationship which keeps always connected with L&T.