Larsen and Toubro targets fifteen lakh crore order book by year twenty thirty one

UPDATE - follow-up to L&T aims to nearly double order book to Rs 15 lakh crore by 2031: Larsen and Toubro plans to grow its order book to fifteen lakh crore rupees by the year twenty thirty one, up from under eight lakh crore rupees at present.

Growth Areas

President and Whole-time Director of Finance R Shankar Raman shared this plan on Wednesday. The company wants a yearly growth rate of fifteen percent to reach this goal. Key growth sectors include energy, electrolysers, semiconductors, data centres, manufacturing, renewables, hydrogen, automation, and services.

Overseas Expansion

International business is expected to grow faster than domestic work. The revenue split between India and the Middle East is now fifty-fifty. By twenty thirty one, India and the Middle East may each bring in forty percent of revenue. New markets like Europe, Central Asia, and the Far East will make up the remaining twenty percent. Saudi Arabia is the top overseas market, followed by the United Arab Emirates and Qatar. Work sites in the region continue to run normally despite regional conflicts.

Context

Order books give a clear look at a company's future project pipeline and expected revenue growth over time. Engineering giants often expand into green energy and technology fields to match shifting market demands. Middle Eastern nations remain key markets for large infrastructure builders based in India.