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L&T mergers arms to create new IT entity
September, 15th 2012

Infrastructure and engineering major Larsen & Toubro on Friday said it has integrated its IT business L&T Infotech with L&T Integrated Engineering Services to accelerate growth in the technology space.

"L&T believes this restructure will help the company in growing these businesses," the company said in a release.

L&T Infotech has been reorganised as two clusters - industrial and services - and the current L&T Integrated Engineering Services will be rebranded as L&T Technology Services, it added.

"The L&T Technology Services will offer customised engineering services and will also include embedded systems deployed in product and plant electronics and custom firmware for the telecom equipment industry," it said.

L&T Integrated Engineering Services chief executive Keshab Panda will be appointed as the L&T Technology Services chief executive and will be inducted on the board of L&T Infotech.

 
 
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