Larsen & Toubro Ltd.

Larsen & Toubro (L&T) has sold its foundry unit at Coimbatore to Bradken for Rs 163 crore. The sale of this business is in line with the company’s strategic plan to exit non-core businesses and rationalise its portfolio.

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.