The tectonic shift unfolding at Larsen & Toubro8 min read . Updated: 29 Nov 2021, 12:47 AM IST
- Larsen and Toubro is almost a byword for large-scale infrastructure projects. But its future may look very different.
- Even if L&T is not consciously de-emphasising infra as a segment, the fact that the IT subsidiaries account for a large chunk of L&T’s margin profile is now changing the nature of the firm