Presentation on Larsen and Toubro

Presented By:Rakesh Roushan Rakesh Kumar Singh Rashmi Verma Rashika Gautam Ritesh Kumar Prasad

MENTOR:Miss Rashmi Baliyan

INTRODUCTION
 Larsen and Toubro limited is an Indian multinational conglomerate

company headquarter in Mumbai, India.

 L & T has an international presence, with a global spread of offices

and factories further supplemented by a comprehensive marketing and distribution network.

 The company was founded in Mumbai in 1938by two Danish

engineers, Henning Holck-Larsen and Soren Kristian Toubro.

 L & T became a Private limited company in 1946 . It became a

Private limited company in 1950.

KEY PEOPLE
Board of directors
A M NAIK Chairman Y M Deosthalee Director R N Mukhija Director V K Magapu Director S T Desai Independent Director Dr. S R Iyer Independent Director

Products & ServicesProducts- Power generation

Refineries Cement plants Ships Switchgear Services- Engineering Services Turnkey Projects IT Services Shipbuilding

y Revenuey Operating incomey Net incomey Total assetsy Employees-

US$ 8.50 billion (2009) US$ 900 million (2009) US$ 0.58 billion (2009) US$ 9.92 billion (2009) 35,000 (2007)

Factors that influence change within the L & T Industry Three main factors:Technological Change
Consumer Trends Unforeseen and Uncontrollable Events

GLOBALIZATION AT GLANCE
y A presence in over 30 countries either through wholly owned subsidiaries or
joint ventures or alliances in Asia,America, Middle East etc.
y An experience of executing several projects across various countries in Asia,

Middle East,Africa etc.

y Nearly 18 per cent revenues are from international operations. y Most of the ventures are joint ventures prominent among which are L&T

Sargent&Lundy, L&T Oman LLC,Audco India Ltd. etc.

y Company strongly driven by its global vision to become an Indian Multinational.

Programme
y LAKSHYA which outlined the strategic plan for2005-10

L&T Infotech has its presence globally across the following regions.
 India-Mumbai(Powai,Airoli),Navi mumbai(Vashi),Pune(Shivaji

nagar,Hinjewadi),Bengaluru(White field),Chennai(Manapakkam)  USA  Canada  Europe  Asia Pacific  South Africa  Middle East  Australia & New Zealand

Vision & mission

Vision
y The L&T vision reflects the collective goal of the company. It was

drafted through a large scale interactive process which engaged employees at every level, worldwide. Mission
y L&T Power shall provide products based on efficient and

environment-friendly technology, consistently surpassing customer expectations of quality and on-time delivery.

STRATEGIC MANTRAS
y WHOLE AND REALISTIC VIEW y AUDACIOUS IN VISION.

Focus on what know best. Trim flab to achieve operational excellence. Good governance made the business sense. Develop leaders from within. Forge stronger partnerships with supplier base. Pursue quality with zeal. Innovate to create value for customers. Give back to the society The Indian edge.

Response to Globalization forces.

Orientation of comp. (eprg)

 GEO-CENTRICISM.

 WHITE SKIN ADVANTAGE

A Nationwide Network
 Manufacturing

facilities in- 18 locations

Offices in - 19 cities Management Development Centre Lonavala Knowledge City -Vadodara Logistic Advantages - Ability to optimize resources at various

locations

FUTURE PLANS

Future Plans

 L&T is eyeing to participate in various upcoming projects in rail sector

such as rolling stock manufacturing, station redevelopment, urban mass transit systems among others.
 Set up plant at Saran in Bihar, which will have the capacity to

manufacture one lakh (100,000) cast steel railroad wheels per annum.
 Larsen and Toubro (L&T) has planned to increase its power generation

capacity to 7000 MW in the near future, power generation projects to reach a capacity of 5000 MW thermal power and 2000 MW hydro power within five years.

Major Awards Received by L&T in 2010

y L&T-Komatsu bags Energy Efficiency & Conservation Award y L&Ts in-house magazine, The L&T-ite, bags ABCI Magazine of

the Year Award

y L&Ts Electrical Standard Products wins IMC Ramakrishna

Bajaj National Quality Award

y L&T is Business Standard Company of the Year y L&T is The Best Company to Work for in the Manufacturing

Sector Business Today

CONCLUSION
Due to Globalization L&T have done very well in not only in the domestic market but also internationally. The strategy adopted by the company was in compatible to the vision of the company. And the market of the company is still in the progress and it is raising year after year. The image of the company continuously increased in the domestic market due to Globalization, that too could be seen in its increase in sales and revenue worldwide.

THANK YOU