Larsen & Toubro is a Publicly Owned company headquartered in India, employing approximately 130,120 individuals. The company is engaged in EPC Projects, Hi-Tech Manufacturing, and Services, operating in over 50 countries worldwide.
Larsen & Toubro (L&T) is shifting its long-term strategy, opting to own and operate new-age assets rather than solely building for others, reversing a decade-old decision to exit asset ownership in conventional infrastructure due to poor returns, as reported on August 28, 2026. This strategic pivot follows the West Bengal state government's confirmation on August 27 of its support for L&T's request for 10 acres of land in Kolkata, designated for a new data centre project, signaling an acceleration of the company’s digital infrastructure expansion. Earlier that day, LTM Ltd, the Larsen & Toubro Group’s technology services company, fully commissioned the first phase of its new 'Ananda Niketan' Global Delivery and AI Competency Centre in Kolkata, designed to accommodate nearly 5,800 engineers and professionals.
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