Larsen & Toubro (L&T), a leading Indian multinational engaged in EPC projects, Hi-Tech manufacturing, and services, has recently secured a significant order to construct a state-of-the-art automobile manufacturing plant. This new development highlights L&T’s continued excellence and leadership in the construction and engineering sector.
The order falls under the Buildings & Factories (B&F) business vertical of L&T. The project involves the construction of an automobile manufacturing plant near Bengaluru. The plant is to be constructed by adhering to the Indian Green Building Council (IGBC) norms, ensuring sustainability and environmental responsibility.
The scope of the project includes comprehensive design, execution of civil, structural, architectural, and MEPF (Mechanical, Electrical, Plumbing, and Firefighting) services. This highlights L&T’s capability to undertake and deliver complex industrial projects on a design-and-build basis.
The Buildings & Factories vertical of L&T has a rich history and vast experience in executing various EPC projects across different sectors. Over the years, it has developed the ability to deliver complex industrial projects, establishing itself as a total solutions provider in the factory construction segment.
Larsen & Toubro is a USD 27 billion Indian multinational enterprise with operations across multiple geographies. With a strong customer-focused approach and a constant quest for top-class quality, L&T has sustained leadership in its major lines of business for over eight decades.
This project is classified as “Significant,” with an estimated value between Rs1,000 to Rs 2,500 crore. This classification underscores the substantial nature of the project and its importance to both L&T and the automobile manufacturing sector.
This significant order reaffirms L&T’s position as a leading player in the construction and engineering industry, capable of delivering state-of-the-art projects while adhering to stringent environmental norms. The new automobile manufacturing plant near Bengaluru is set to be a testament to L&T’s commitment to excellence and sustainable development.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Jul 31, 2024, 3:37 PM IST
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