Larsen & Toubro (L&T) has restructured its IT and L&T Integrated Engineering Services (IES) businesses with a view to accelerate growth in the technology space. L&T Infotech has been organized around two business clusters, ‘Industrial’ and ‘Services’ and the current L&T IES will be rebranded as L&T Technology Services. As a part of this strategy, it has inducted three US -based professionals on the L&T Infotech board.
The L&T IES will offer customized engineering services and will also include embedded systems deployed in product and plant electronics and custom firmware for the telecom equipment industry.
Under L&T Infotech’s new structure, the Services cluster will include banking, financial services, insurance and areas like travel and logistics, media and entertainment and healthcare. While, the Industrial cluster will leverage the company’s existing strengths and heritage to address manufacturing plants, establishments including wholesale, retail sale of products and establishments dealing with energy and utilities.