SOURCE: Industrial Info Resources

Industrial Info Resources

February 10, 2011 05:00 ET

Chinese Competition, Personnel and Funding Key to Larsen & Toubro's Restructuring, an Industrial Info News Alert

BANGALORE, INDIA--(Marketwire - February 10, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Larsen & Toubro (BSE:500510) (L&T) (Mumbai) is undergoing a slow but definite metamorphosis. India's $8.3 billion infrastructure, heavy engineering and finance conglomerate has embarked on a restructuring path that will transform the company into smaller, semi-independent and manageable units, headed by a holding company.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=173312, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.

Follow us on: Facebook - Twitter - LinkedIn - Vimeo