Henning Holck-Larsen and Søren Kristian Toubro, two Danish engineers, establish Larsen & Toubro in Mumbai, India, initially as a trading company for Danish dairy equipment. #founding #engineering
Larsen & Toubro Founded By Samueljjohn - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=73977551
1940 CE
First Major Order: Soda Ash Plant for Tata Chemicals
L&T secures its first major project, building a soda ash plant for Tata Chemicals at Mithapur, establishing itself in industrial construction. #industry #construction
1942 CE
World War II: L&T Supplies to Allied Forces
During WWII, L&T supplies milk powder, dairy equipment to Allied forces, gaining technical expertise and capital. #wwii #supply
1945 CE
L&T Becomes a Public Limited Company
L&T is incorporated as a public limited company to raise capital for expansion. #corporate #growth
1948 CE
Start of Manufacturing Equipment Production
L&T begins manufacturing dairy and food processing equipment, leveraging its expertise from the founding partnership. #manufacturing #dairy
1950 CE
First Overseas Office Opens in London
L&T establishes its first international office in London to source equipment and expand global reach. #international #expansion
1958 CE
L&T Enters Partnership with Caterpillar
L&T becomes the first company to represent Caterpillar in India for earthmoving equipment sales and service. #partnership #equipment
1960 CE
Heavy Engineering Division Established
L&T sets up the Heavy Engineering division with a new workshop at Powai, Mumbai, to manufacture capital equipment. #engineering #heavyindustry
1963 CE
Switchgear Manufacturing Begins
L&T starts manufacturing switchgear in collaboration with Siemens, marking entry into electrical equipment. #electrical #switchgear
1970 CE
L&T Starts Manufacturing of Cement Machinery
L&T's heavy engineering division begins producing complete cement plants, becoming a major supplier to the industry. #cement #machinery
1973 CE
Entry into Cement Business: L&T Cement Plant
L&T establishes a cement plant in Awarpur, Maharashtra, diversifying into core building materials. #cement #diversification
1976 CE
Shipbuilding Yard at Hazira
L&T commissions a shipbuilding and offshore fabrication yard at Hazira, Surat, to support marine and oil & gas industries. #shipbuilding #offshore
1982 CE
Offshore Construction Projects Begin
L&T begins building offshore platforms and vessels for India's oil and gas sector, notably for ONGC. #oilgas #offshoreconstruction
1985 CE
First Major International Contract in Middle East
L&T wins a contract for the construction of a refinery in the Middle East, marking its first significant overseas project. #international #middleeast
1987 CE
L&T Develops India's First Indigenous Offshore Jacket
L&T designs and builds the first indigenously produced offshore jacket platform for ONGC. #offshore #indigenous
1990 CE
L&T Infotech Established as Division
L&T forms an Information Technology division, later to become L&T Infotech, to provide software and IT services. #IT #software
1993 CE
Henning Holck-Larsen Passes Away
Co-founder Henning Holck-Larsen dies; his leadership had shaped L&T into a diversified engineering giant. #leadership #history
Henning Holck-Larsen Passes Away By India Post, Government of India - [1] [2], GODL-India, https://commons.wikimedia.org/w/index.php?curid=74353437
1995 CE
L&T Enters the IT Services Market with L&T Infotech
L&T formally incorporates L&T Infotech (LTI) as a separate entity to focus on software and IT consulting. #IT #consulting )
1997 CE
Engineering Construction & Contracts (ECC) Merges into L&T
L&T merges its construction division (ECC Ltd.) into the parent company, strengthening its project execution capabilities. #merger #construction
2000 CE
L&T Enters Defense Manufacturing
L&T enters the defense sector, starting with the production of artillery systems and naval weapons under the 'Make in India' initiative. #defense #manufacturing
2001 CE
L&T Wins Contract for Bandra-Worli Sea Link
L&T constructs the Bandra-Worli Sea Link, an iconic cable-stayed bridge in Mumbai. #infrastructure #bridge
L&T Wins Contract for Bandra-Worli Sea Link By Streetsoda - Own work, CC0, https://commons.wikimedia.org/w/index.php?curid=157743985
2002 CE
A.M. Naik Becomes Managing Director & CEO
A.M. Naik takes over as MD & CEO, leading L&T through a period of rapid growth and global expansion. #leadership #ceo
A.M. Naik Becomes Managing Director & CEO By AntonyCV - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=82058634
2003 CE
L&T Wins Mumbai-Pune Expressway Contract
L&T constructs the Mumbai-Pune Expressway, India's first six-lane concrete highway, a landmark infrastructure project. #infrastructure #highway
L&T Wins Mumbai-Pune Expressway Contract By neelnimavat - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=49735402
2004 CE
L&T Establishes Renewable Energy Division
L&T enters the renewable energy sector, focusing on solar and wind power projects. #renewableenergy #solar
2005 CE
L&T Wins First Mega Thermal Power Plant Order
L&T receives an order for a 500 MW thermal power plant from NTPC, expanding into the power generation segment. #power #thermal
2005 CE
L&T Acquires Canadian Co. SNC-Lavalin's stake in an Indian JV? Not. Use: L&T acquires a ma
L&T acquires US-based Valdel Corporation and other companies to bolster its engineering and construction capabilities in the Americas. #acquisition #global
Sep 1, 2010 CE
L&T Wins Contract for Statue of Unity
L&T wins the EPC contract to build the Statue of Unity, a 182-meter tall statue of Sardar Vallabhbhai Patel in Gujarat. #construction #monument
L&T Wins Contract for Statue of Unity By Snehrashmi - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=76109589
2011 CE
L&T Wins Order for India's First LNG Terminal
L&T constructs India's first liquefied natural gas (LNG) terminal at Dahej for Petronet LNG. #LNG #energy
2012 CE
L&T forays into Nuclear Power Equipment Manufacturing
L&T supplies critical components for nuclear reactors in India, including for the Kundankulam Nuclear Power Plant. #nuclear #energy
Oct 1, 2013 CE
L&T Commissions India's First 100 MW Solar PV Plant
L&T completes a 100 MW solar photovoltaic plant in Gujarat under the Jawaharlal Nehru National Solar Mission. #solar #energy
Jun 1, 2015 CE
L&T Infotech Goes Public (IPO)
L&T Infotech (now LTI) holds its initial public offering, raising over ₹1,200 crore. #ipo #IT )
2016 CE
L&T Acquires Mindtree? (Actually in 2019) Let's correct: 2019: L&T acquires Mindtree. So I
L&T's consolidated order book surpasses ₹2 lakh crore (US$30 billion) reflecting strong demand across sectors. #financials #growth
Nov 1, 2017 CE
L&T Wins Contract for Navi Mumbai International Airport
L&T wins the engineering and construction contract for the new Navi Mumbai International Airport. #aviation #infrastructure
L&T Wins Contract for Navi Mumbai International Airport By Suraj Digrase - Own work, CC0, https://commons.wikimedia.org/w/index.php?curid=192185872
Oct 31, 2018 CE
Statue of Unity Completed
L&T completes construction of the world's tallest statue, the Statue of Unity, in record time. #engineering #achievement
Mar 1, 2019 CE
L&T Acquires Mindtree in Hostile Takeover
L&T acquires a controlling stake in IT firm Mindtree for ₹10,700 crore, marking its largest IT acquisition. #acquisition #IT
Apr 1, 2020 CE
L&T Converts Offices into COVID-19 Care Facilities
L&T repurposes its construction camps and offices into quarantine and treatment centers during the COVID-19 pandemic. #COVID19 #CSR
May 1, 2020 CE
L&T Wins Solar Power Orders Worth ₹2,000 Crore
L&T's renewable energy arm secures large-scale solar photovoltaic orders amid India's clean energy push. #solar #renewable
2021 CE
L&T Divests Non-Core Businesses to Focus on Core
L&T sells its electrical & automation business to Schneider Electric for ₹1,400 crore to streamline operations. #divestiture #strategy
Jul 1, 2022 CE
S.N. Subrahmanyan Becomes CEO & MD
S.N. Subrahmanyan takes over as CEO and Managing Director from A.M. Naik, ushering in a new generation of leadership. #leadership #succession
Sep 1, 2023 CE
L&T Wins Contract for Mumbai Coastal Road
L&T wins a ₹10,000 crore contract to construct a key section of the Mumbai Coastal Road, India's largest urban infrastructure project. #infrastructure #Mumbai
Feb 1, 2024 CE
L&T's Market Cap Surpasses ₹5 Lakh Crore
L&T's market capitalization crosses ₹5 lakh crore (US$60 billion), reflecting its strong financial performance and investor confidence. #financials #marketcap
Jan 1, 2025 CE
L&T Wins First High-Speed Rail Contract
L&T secures a contract for the Mumbai-Ahmedabad High-Speed Rail (bullet train) project, entering the high-speed rail segment. #rail #highspeed
L&T Wins First High-Speed Rail Contract By Pechristener - Screen shot of OSM, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=105823789
Mar 1, 2025 CE
L&T Wins GCC Metro Rail Contract Worth $1.5 Billion
L&T wins a major metro rail contract in the Gulf Cooperation Council (GCC) region, strengthening its international footprint. #metro #international