Larsen & Toubro (L&T) is a prominent Indian conglomerate with headquarters in Mumbai, Maharashtra. Founded in 1938 by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro, the company has grown to become one of India's largest multinational firms. L&T operates various businesses including engineering, construction, manufacturing, technology, and financial services.

It serves sectors such as infrastructure, power, hydrocarbons, defense, aerospace, and more. The company's engineering and construction projects include roads, bridges, ports, airports, and urban infrastructure development. L&T is also engaged in power transmission and distribution projects, manufacturing heavy equipment, and providing IT services.

On a global scale, L&T operates in over 30 countries and has established a strong presence in markets such as the Middle East, Europe, South East Asia, and Africa. The company has several noteworthy subsidiaries including L&T Infotech, L&T Technology Services, and L&T Finance Holdings. L&T has also formed strategic alliances and joint ventures with international companies like Mitsubishi Hitachi Power Systems, Schneider Electric, and Rolls-Royce.

L&T holds a significant market position and is often regarded as a leader in engineering and construction industries in India. In terms of global sales, L&T generated a revenue of $21. 3 billion in the financial year 2020-21.

The company faces competition from other Indian conglomerates like Tata Group and Reliance Industries, as well as international players such as GE, Siemens, and China Communications Construction. In recent years, L&T has achieved significant milestones and made key strategic changes. In 2019, the company acquired Mindtree, an IT services company, to strengthen its presence in the digital and technology sector.

L&T has been focused on diversifying its business portfolio and expanding its international presence through strategic acquisitions and partnerships. As of the latest information available, L&T continues to grow and adapt to the changing business landscape. The company is actively involved in infrastructure development projects, including the construction of the Mumbai-Ahmedabad high-speed rail corridor.

L&T is committed to sustainable development and promotes innovation in its various business verticals