L&T: What makes them India’s Most Admired Construction Brand
Technology

L&T: What makes them India’s Most Admired Construction Brand

Larsen & Toubro (L&T) is a major Indian multinational engaged in technology, engineering, construction, manufacturing and financial services and operating in over 30 countries worldwide. L&T Construction, the construction arm of L&T, is India’s largest construction organisation, an...

Larsen & Toubro (L&T) is a major Indian multinational engaged in technology, engineering, construction, manufacturing and financial services and operating in over 30 countries worldwide. L&T Construction, the construction arm of L&T, is India’s largest construction organisation, and encompasses multiple businesses, with distinct but complementary capabilities that addresses various core segments of the infrastructure and industry. SN Subrahmanyan, CEO & Managing Director, Larsen & Toubro, shares more… What is a key parameter that you think has contributed towards being one among the ‘Most Admired Brands’ in Construction? Trust. Larsen & Toubro has built a reputation over several decades of possessing the capability to execute infrastructure projects that others cannot. Some of the tallest and the largest, the fastest and the longest, the smartest and the most complex infrastructure projects have been executed by us engendering trust and reliability among all our various stakeholders. They depend on us to deliver, and we do. Repeatedly. In the backdrop of the pandemic, did you manage to increase your sales over the previous year's same period? If yes, how? Being a project-based business, most projects we execute are either government-sponsored or government-driven. During the pandemic, there was certainly a lull in activity as the government’s focus shifted to social spending to safeguard the health of the nation. However, once the threat posed by the pandemic has receded, large infrastructure development projects have been kickstarted and, as such, L&T presently has an order book more than Rs. 3.5 lakh crore. Also, did you manage to improve your margins with more efficient cost management? Did any other method help you in improving your margins – for example, price revision, and new launches? In the project business, profitability can improve by being smarter and more efficient in execution by reducing costs, improving productivity, cutting wastage, and reducing execution time. We have successfully enhanced our efficiencies with increased automation, mechanisation and embracing the benefits of digitalisation. Presently, there are more than 11,000 assets across our projects that are connected with sensors streaming real time data about performance enabling us to detect trends, find patterns, do predictive analysis, improve our methods of manufacturing and construction for superior efficiency. According to you, what is that one thing that your customers value most about you? On time delivery of projects to cost, quality and safety. How will your FY22-23 plans continue to contribute to this admired quotient? We will continue to build the things that make India proud. “We have successfully enhanced our efficiencies with increased automation, mechanisation and embracing the benefits of digitalisation.”

Next Story
Technology

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Next Story
Infrastructure Transport

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

Next Story
Real Estate

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?