POWER UTILITY | Cesar Tordesillas, India

L&T expects electrical business to double by 2015

Larsen & Toubro expects its electrical and automation to grow by 20 per cent per annum until it doubles by 2015.

“Our current business is Rs 3,800 crore and we expect to grow at 20 per cent per annum and by 2015 the turnover will be Rs 8000 crore,” head of its E&A S C Bhargava said here.

The company had secured an order of 1.26 million single phase energy meters from the state government utility WBSEDCL.  Bhargava did not rule out overseas opportunities. He also said in future the E&A business could be under a seperate business


Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.