L&T to increase focus on international expansion

23 May 2013

Larsen & Toubro (L&T), the infrastructure conglomerate is likely to increase its focus on international expansion and aims to get more than double its overseas orders to Rs 25,000 crore this fiscal. In financial year 2013, the company has bagged Rs 88,035 crore orders, out of which international order inflow constituted a good 17% or Rs 12,000 crore, twice as that in previous year.

The company is expecting nearly Rs 25,000 crore worth orders from Far East and West Asia market in current fiscal. Further, the company also sees good prospects in countries like Middle East, select markets in CIS region, Africa and South Asia.

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