L&T to focus on going digital, automation

Engineering and construction major Larsen & Toubro (L&T) plans to transform itself into a digital and automation powerhouse, according to a top official.

The $18-billion firm launched L&T-Nxt, a new vertical to focus on artificial intelligence (AI), IoT (Internet of things), virtual reality, augmented reality, geo-spatial solutions and cybersecurity and leverage the experience that L&T has garnered over the decades.

Referring to the efforts of the firm to embrace digitisation, S.N. Subrahmanyan, CEO & MD, L&T, said, “Disruption has become the new order and as we embrace new and frontier technologies, our businesses are leapfrogging into entirely new realms powered by the tremendous benefits of digitisation and analytics.