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Larsen and Toubro’s arm to expand its presence in US and Europe

28 Mar 2016 Evaluate

Larsen and Toubro’s (L&T) subsidiary -- L&T Infotech is planning to expand its presence in the United States (US) and Europe and is in the process of augmenting its teams in high potential markets. The company is also planning to expand its geographical reach in other markets that it has identified as having potential including Australia, Singapore, Japan, South Africa, India and the Middle East. The company is also looking for strategic acquisition opportunities in the Integrated Management Systems (IMS) business.

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $15 billion in revenue. It operates in over 30 countries worldwide.

Peers
Company Name CMP
Larsen & Toubro 3830.15
Kalpataru Projects 1399.50
NCC 135.65
Rail Vikas Nigam 201.15
KEC International 401.55
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