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.

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