Larsen & Toubro (L&T) said on Thursday that it has received significant orders for its power and distribution vertical in the Middle East.
L&T Construction’s power transmission and distribution sector obtained important orders, according to the firm.
Orders between Rs 2,500 crore and Rs 5,000 crore come within the category of major orders, according to the company’s categorization.
L&T stated in a BSE filing that it has won an order in the United Arab Emirates for the engineering, supply, building, installation, testing, and commissioning of a substation.
The scope also covers control and monitoring systems for transformers, reactors, and substations.
In Kuwait, the company was awarded a contract to build overhead transmission lines and subterranean cable interconnections.
This transmission section with a route length of more than 100 kilometers will aid in the evacuation and generation of electricity.
According to the filing, further orders have been obtained in current substation orders in the area.
Larsen & Toubro is an Indian multinational company that specializes in EPC projects, high-tech manufacturing, and services.
Larsen & Toubro‘s marketing strategy examines the brand using the marketing mix framework, which includes the 4Ps (Product, Price, Place, and Promotion). These business methods, based on the Larsen & Toubro marketing mix, aid the brand’s market success. Let us begin by understanding Larsen & Toubro’s product, price, promotion, and distribution strategies:
The company manufactures and provides service support for construction and mining machinery, including surface miners and aggregate crushers, as well as supplies rubber processing machinery and hydraulic excavators, and manufactures industrial valves and allied products, as well as application-engineered welding alloys, in the Machinery and industrial products segment.
Larsen & Toubro Ltd, abbreviated as L&T, is an Indian multinational conglomerate firm based in Mumbai that has commercial interests in engineering, construction, manufacturing, technology, information technology, and financial services. The corporation is ranked among the top five construction firms in the globe. Henning Holck-Larsen and Sren Kristian Toubro, two Danish engineers seeking asylum in India, formed the company.
The L&T Group has 93 subsidiaries, 5 associate businesses, 27 joint ventures, and 35 jointly owned activities as of March 31, 2022, with operations in basic and heavy engineering, construction, real estate, capital goods manufacture, information technology, and financial services.
L&T Technology Services, a part of Larsen & Toubro, is a worldwide Engineering, Research and Development (“ER&D”) services provider. L&T Technology Services provides design, development, and testing services to the industrial, medical, transportation, aerospace, telecommunications, and process sectors. Customers are served throughout the product engineering life cycle, from product conception to product execution. Services include consultancy, design, development, testing, and maintenance, as well as to-market integration.