Larsen & Toubro Limited, commonly known as L&T, is the largest Indian multi-national firm headquartered in Mumbai, Maharashtra, India.It was founded by two Danish engineers taking refuge in India.The company has business interests in engineering, construction,
manufacturing goods, information technology, and financial services, and
has offices worldwide.
Larsen & Toubro originated from a company founded in 1938 in Mumbai by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro. The company began as a representative of Danish manufacturers of dairy equipment. However, with the start of the Second World War
in 1939 and the resulting restriction on imports, the partners started a
small workshop to undertake jobs and provide service facilities. Germany's invasion of Denmark
in 1940 stopped supplies of Danish products.
The war-time need to
repair and refit ships offered L&T an opportunity, and led to the
formation of a new company, Hilda Ltd, to handle these operations.
L&T also started to repair and fabricate ships signalling the
expansion of the company. The sudden internment of German engineers in British India (due to suspicions caused by the Second World War), who were to put up a soda ash plant for the Tata's, gave L&T a chance to enter the field of installation. (Information courtesy wikipedia)
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