L&T Bags Rs 1450 cr Orders in Buildings & Factories Segment

Mumbai, December 2, 2008: L&T's newly formed Buildings & Factories Operating Company – part of its Construction division – has bagged large-value orders aggregating around Rs.1450 crores in the third quarter of 2008-09 for the construction of IT & Office space buildings including add on orders from on going works at its airport projects.

The orders for construction of IT & Office space buildings have been received from major players around the country including TCS & Godrej Developers Private Limited.

These orders enhance the order book of the Company which had secured major design-&-build orders in the airports, IT Parks and commercial space and L&T has a significant market share in these segments.

L&T’s Capability Spectrum

Larsen & Toubro Group (L&T) is $7 billion technology-driven engineering and construction organisation, and one of the largest companies in India’s private sector. It has further interests in manufacturing, services and Information Technology. A strong, customer-focused approach and the constant quest for top-class quality have enabled the Company to attain and sustain leadership in its major lines of business across seven decades.

As a technology-driven engineering conglomerate, L&T’s capabilities cover large process plants, construction, electrical distribution, electronics and information technology. L&T is in a position to offer its customers a single window for meeting a variety of industrial requirements. L&T has a successful track record in building plant and equipment used in the oil & gas sector, refineries, infrastructure and power projects, and has technology relationships with world leaders that have enabled it to execute world-class projects.