Kolkata : Larsen & Toubro (L&T) today announced that it will be participating in the much-anticipated Expo 2020, Dubai as part of the Indian Pavilion.
L&T plans to demonstrate its capabilities particularly in the Hydrocarbon Engineering (LTHE), Water Effluent Treatment (WET) and Power Transmission & Distribution (PT&D) businesses. Apart from these businesses. L&T Group companies like Mindtree, LTI and LTTS will also showcase their capabilities.
L&T’s portfolio strategy targets a well-balanced and geographically diversified businesses across India and international markets. The Middle East has been one of the key growth regions for the company, which constitutes almost 61% of the international order book of INR. 68,773 Crore.
The region also accounted for 13% of L&T’s total order book composition.In FY21, Middle East Contributed the highest order backlog after India order book, contributing 12% to its total revenue. The Middle East business unit that caters to the countries of the UAE, Saudi Arabia, Qatar, Oman, Kuwait and Bahrain has established a coveted position in the GCC region.
Commenting on L&T’s participation, S N Subrahmanyan, Chief Executive Officer & Managing Director, L&T, said, “The India Pavilion at the Dubai Expo 2020 offers a golden opportunity to showcase India to the world and project our country as the next hub for growth and innovation. L&T’s story has been woven with India’s growth story for over 8 decades. And we’re happy to be part of this Pavilion, where we’ll show how we create brighter tomorrows through innovation, technology, and a commitment to sustainability.”
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