Larsen & Toubro – A “Nation Builder”

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Presentation transcript:

Larsen & Toubro – A “Nation Builder” Nordics DNA Sarbajit Deb Executive Vice President & Chief Business Officer, Nordic Region, LTI

In India through partnerships with L&T Our Nordic Lineage In India through partnerships with L&T What started as a humble beginning with a small office in downtown Mumbai (then Bombay), India in 1938 by two Danish founders Henning Holck-Larsen & Soren Kristian Toubro, now is today India’s largest multi-dimensional engineering and construction company The duo started off by marketing Danish dairy equipment but with the declaration of WWII, the engineers had to manufacture the parts themselves, thus imbibing ‘Problem Solving’ attribute in company`s DNA Our motto from the initial years set the benchmark for customer centricity – ‘In Service Lies Success’ Over the years, the Company has set numerous engineering benchmarks in terms of speed, scale and complexity

Deep roots of Denmark in India Had his own Stamp This is also the home of Denmark in Mumbai Henning Holck-Larsen receives Padma Bhushan from the President of India BTW he is also your Consul General in Mumbai

$1.1 Bn 17+ 25,000 Top 3 300 30+ 23 5 Introducing LTI In Nordics Years of presence in Nordics in Revenue 25,000 Top 3 IT Services Provider in Europe Employees PA Consulting-White lane in 2018 300 30+ Clients Clients Including 59 Fortune 500 companies 23 5 Delivery Centers Delivery Centers in Europe

Why LTI in Danmark? Nordic clients are leaders in the world in almost every Industry, LTI wants to engage with the best Happiest lot of people with great work-life balance and culture Good availability of skilled and innovative talent pool Innovative Star-up ecosystem Europe's easiest place for doing business Cost-efficient and flexible labor market Well-connected infrastructure  World-class R&D and innovation environment Additional Points: Denmark has world-class research and development facilities, an internationally competitive ICT cluster, and access to one of the most innovative talent pools Denmark has one of the world’s biggest shipping industries despite the country’s small size and the Danish offshore industry within wind power and wave energy is at the forefront of technological development Productive and motivated workforce

Challenges Faced by People & Organization Housing shortage for teams coming in here Long Waiting lists in English schools for children in a Danish System or International systems. Visa Restriction on children of 18 years and above who needs to come on tourist visa to accompanying parents Danish Language for doing business with Government bodies / Public sector and Tenders in Danish   Free Hiring of employees who are  engaged  in projects  with Danish companies