L&T-Nxt new strategic initiative of L&T

Infrastructure giant Larsen & Toubro (L&T) on Friday announced a new initiative, L&T-Nxt, to focus on new-age technologies like artificial intelligence and cybersecurity.

L&T-Nxt will focus on the areas of artificial intelligence, internet of things (IoT), virtual reality, augmented reality, geospatial solutions as well as cybersecurity and leverage the experience that L&T has garnered over the decades.

“Larsen & Toubro has announced a new strategic initiative, L&T-Nxt, to define the future of the organisation from a fresh perspective. It has been identified as a select initiative in L&T’s five-year strategic plan,” the company said in a statement.