Larsen & Toubro (L&T), a leading engineering and construction conglomerate, announced on Wednesday that it has secured a significant infrastructure development contract in Maharashtra. The contract, awarded to L&T’s Transportation Infrastructure division, falls into the ‘large’ category, which includes orders valued between Rs 2,500 crore and Rs 5,000 crore.
The project involves integrated infrastructure development within Town Planning Schemes 2 to 7 under the Navi Mumbai Airport Influence Notified Area (NAINA) Project. The City and Industrial Development Corporation Limited (CIDCO) has granted it the contract, which includes road construction, development of major and minor structures, and associated electrical and utility works.
Larsen & Toubro (L&T) is a prominent Indian multinational conglomerate known for its diverse operations across various sectors, including engineering, construction, manufacturing, and technology. Established in 1938, the company has grown into a major player in the global infrastructure and engineering landscape.
L&T’s portfolio spans infrastructure development, including the construction of roads, bridges, and buildings, as well as heavy engineering projects and defense systems. The company is also heavily involved in the power sector, offering solutions in power generation, transmission, and distribution. L&T’s commitment to innovation and quality has earned it a reputation for delivering complex projects on time and within budget, contributing significantly to India’s infrastructure development and industrial growth.
