Larsen & Toubro (L&T) announced the launch of L&T EduTech - a new industry-led, application-based, practical oriented learning platform, strongly rooted in technology, that will straddle the entire gamut of engineering & technology verticals to help create industry-ready talent. L&T EduTech aims to future-proof L&T's businesses and bridge the gap that exists between the competence of young engineers and industry expectations. L&T EduTech will channelize L&T's storehouse of knowledge and expertise gained of having executed some of the most complex and demanding projects over the decades to empower both students and professionals with real world professional skilling to enhance their employability. L&T EduTech offers three verticals of College Connect, Professional & Vocational Skilling underpinned by robust Assessment & Certification processes. While College Connect will empower students with practical & application-based learning, Professional Skilling will enable aspiring professionals to fast-track careers in their domains. Vocational Skilling involves skill certification programmes designed by industry experts for improved employability. A rigorous process of learn, skill, assess, certify & engage, and a faculty of subject matter experts drawn from industry, academia and from within L&T is all set to add a new dimension to platform-based, hybrid learning & skilling.
Larsen & Toubro Limited is a diversified group. Net sales (not including sold divisions) break down by activity as follows:
- engineering and construction services (68.5%): implementation of turnkey projects of transportation, building, factories, engineering instruments, etc.;
- construction, installation and implementation of hydrocarbon exploration and production projects (17.2%);
- development of thermal power plants and manufacturing of energy production equipment (4.4%);
- manufacturing of aerospace and defense equipment and systems (3.2%);
- manufacturing of custom designed equipment and systems for core industries (2.7%): equipment and systems for the fertilizer, refining, petrochemical, chemical, oil and gas, thermal and nuclear energy industries;
- other (4%): manufacturing of industrial machines and products (industrial valves, welding machines, building equipment, etc.), production of concrete, real estate development, etc.
Net sales are distributed geographically as follows: India (80.1%), Saudi Arabia (3.6%), United Arab Emirates (2.2%), Qatar (2.1%), Kuwait (1.6%) and other (10.4%).