India@FDI Magazine

Indian Business Major in the Gulf
A.M. Naik
Group Executive Chairman
Larsen & Toubro
It is one of the largest Indian
manufacturers to have a major
presence in the UAE, the Gulf
and the Middle East. Larsen
& Toubro has been active in
the region, involving itself in
multiple projects for more
than 30 years. An exclusive
article for India@FDI by the
Group Executive Chairman of
the Indian engineering giant
(turnover for March 31, 2016:
`1.03 trillion; international
revenues: `333.02 billion)
Expanding horizons
Larsen & Toubro’s presence in the Middle East spans
more than 30 years. During this period, the share of
our business from the Middle East and the Gulf has
grown to comprise almost 25% of our order book.
The Middle East countries are an integral part of L&T’s growth
strategy and vision to achieve its targets for revenue and
profitability for 2021, which was formulated during our fiveyear
plan in 2016. We are the industry leaders in engineering,
design and construction of major infrastructure projects.
In the Middle East, we have demonstrated our expertise
in a wide array of sectors including urban infrastructure,
hydrocarbon engineering and power transmission and
distribution. We have a presence in almost all the Gulf countries
including the UAE, Oman, Qatar, Kuwait, Yemen, Bahrain and
Saudi Arabia, besides Jordan.
Second to none: L&T is second to none in creating
landmark urban infrastructure. A score of structures executed
worldwide in key markets amplifies its proven ability and core
competency.
Projects executed include high rise commercial and
residential buildings, hospitals, hotels, stadia, airport
infrastructure, factories, roads, bridges and flyovers across the
Gulf countries.
Some of our marquee and world-class projects include the
Al Jazeera Tower, large stadiums in Qatar, high-rise towers in
Dubai and hospitals in Saudi Arabia.
We are also one of the major forces to reckon with in
the power transmission and distribution sector and are one
amongst top three companies in this business in the UAE.
L&T Construction was one of the earliest Indian companies
to commence operations in the Gulf and has over the years
gained significant market presence in the UAE, Oman, Qatar,
Saudi Arabia, Kuwait and Bahrain for executing power
evacuation, transmission and distribution projects on EPC basis.
Today, L&T is all set to provide single-window solutions to
meet the complex power infrastructure requirements in the
Middle East. L&T offers integrated solutions and end-to-end
services from design, manufacture, supply and construction to
commissioning of EHV power transmission line projects.
As an industry leader in augmenting capabilities for urban
mass rail transit systems, we are currently executing metro
projects at Riyadh and Doha.
L&T has bridged people and places in several countries
across the Middle East. We are also present in the region in the
field of electrical automation systems, which is headquartered
in Dubai.
Providing turnkey solutions: In the hydrocarbon
engineering sector, we provide turnkey solutions to the offshore
hydrocarbon sector, encompassing oil and gas exploration,
production, processing and transportation.
We have in-house capabilities in engineering, project
management, procurement, fabrication, installation, hook-
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