115.65 (2.95%) Larsen & Toubro (L&T) has unveiled a new strategic initiative, L&T-Nxt, to define the future of the organization from a fresh perspective. It has been identified as a select initiative in L&T’s five-year strategic plan.
In consonance with the expectations of a new age industry, L&T-Nxt will focus on the areas of Artificial Intelligence, IoT, Virtual Reality, Augmented Reality, Geo-spatial solutions and Cyber Security and leverage the experience that L&T has garnered over the decades.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.