Profit

L&T announces restructuring plans

PUBLISHED ON: January 12, 2008 | Duration: 2 min, 18 sec

  
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As construction and engineering major Larsen & Tourbo morphs into a giant with tentacles reaching out to every aspect of infrastructure development, a massive organisational restructuring is underway within the company. L&T plans to split its existing 6 core business divisions into 12 verticals. ECC division will be split into 4, E&C into 2, Heavy Engineering into 2, Manufacturing into 2, Switchgear into 1 and others into 1.
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