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Forbes Global 2000 Indian Companies - Larsen & Toubro Limited (L&T)
forbes global 2000 ranking
By CJ: Ravi Juneja | Views: 5615 | Comments: 0
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Larsen & Toubro Limited (L&T), one of the largest and most respected companies in India's private sector, is a technology, engineering, construction and manufacturing company. Two Danish engineers, Henning Holck-Larsen and Soren Kristian Toubro, founded L&T in Bombay (Mumbai) in 1938. L&T has an international presence, with a global spread of offices. L&T subsidiaries are including Larsen & Toubro Infotech, L & T Mutual Fund, Larsen and Toubro Infrastructure Finance Company Limited. L&T awarded the ‘Golden Peacock Global Award for Excellence in Corporate Governance’ for 2011. L&T ranked 499 in the Forbes Global 2000 ranking of the World’s biggest companies. According to Forbes its total assets is $15.73 billion, whereas market value is $20.71 billion as of March 2011.
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