According to reports, L&T Semiconductor Technologies and Hon Young Semiconductor, a subsidiary of contract maker Foxconn, inked a long-term agreement on 14 October to collaborate on the development of high-voltage semiconductor wafers. According to the Economic Times, the two businesses would create wafers for industrial and automotive applications with voltage ranges between 650V and 3,300V.
The two will also “cooperate” to guarantee “wafer performance, quality, and scalability,” according to the article. According to a statement from the firm, the collaboration makes use of LTSCT’s integration skills and domain knowledge of automotive and industrial power solutions, as well as HYS’s extensive experience in wafer fabrication.
According to reports, the collaboration will also make it possible for L&T Semiconductor to design and manufacture wafers specifically for power components using Hon Young Semiconductor’s facilities in Taiwan.
L&T Semiconductor Technologies and its Operations
L&T Semiconductor Technologies is a fully-owned subsidiary of Larsen & Toubro (L&T), an engineering, procurement, and construction (EPC) firm. The company that manufactures fabless semiconductors creates and supplies smart gadgets to clients worldwide. It seeks to develop a semiconductor portfolio for automotive, industrial, energy, and telecommunications sectors that includes power, analogue, mixed signal, and radio frequency products.
This latest venture is L&T’s most recent attempt to establish a presence in the rapidly expanding Indian semiconductor market. In June, the domestic company partnered with Kaynes Semicon to pay INR 118.32 Cr to acquire the power modules division of Fujitsu General Electronics, a Japanese company.
In order to design cutting-edge CPUs, L&T Semiconductor Technologies also inked a research and development (R&D) agreement with tech giant IBM in September of last year. The company had previously announced in July 2024 that it will pay INR 183 Cr to acquire a 100% share in semiconductor design startup SiliConch Systems.
Foxconn Aggressively Expanding its Network in India
Foxconn has been rapidly expanding its business in India. The business and HCL stated earlier this year that they would form a joint venture (JV) to establish an OSAT plant in Noida, Uttar Pradesh, to produce chips for computers, mobile phones, and cars. In the meantime, Foxconn’s primary business is the production of smartphones.
The Taiwanese corporation has committed INR 15,000 Cr to expand its activities in the state, according to a statement made by Tamil Nadu Industries Minister TRB Rajaa just one day ago. This came after Foxconn’s plan to invest $2.2 billion in the US and India was approved by Taiwan’s Ministry of Economic Affairs.
Nevertheless, Foxconn is among India’s biggest contract iPhone makers. The business shipped $3.2 billion worth of iPhones from India to the US between March and May. In 2025, it intends to produce 25–30 million iPhones in India.
Quick
Shots
•L&T Semiconductor Technologies partners with
Hon Young Semiconductor (Foxconn subsidiary).
•Develop high-voltage semiconductor wafers for
industrial and automotive applications.
•Ensuring wafer performance, quality, and
scalability.
•Combines L&T’s automotive and industrial power
expertise with Hon Young’s wafer fabrication experience.
Bharat Electronics Limited (BEL) and Larsen & Toubro (L&T) have partnered strategically to support the Indian Air Force’s Advanced Medium Combat Aircraft (AMCA) development.
The consortium intends to respond to the Government of India’s (GoI) Aeronautical Development Agency’s notice of expression of interest within the next few weeks. In order to jointly contribute to India’s fifth-generation fighter aircraft, the alliance will make use of BEL’s experience in defence electronics and systems and L&T’s proficiency in creating strategic defence and aerospace platforms.
In keeping with the GoI’s goal of an Atmanirbhar Bharat, the partnership represents a critical turning point in the development of India’s defence capabilities. According to a statement from L&T, the alliance aims to provide a state-of-the-art, superior solution by fusing the strengths of the two top defence technology suppliers.
L&T and BEL Playing Strong on Defence Indigenisation
L&T and BEL had already contributed significantly to India’s domestic Light Combat Aircraft programme by creating mission-critical avionics and electronic systems and supplying significant aerostructure modules.
The consortium will build on this history by contributing demonstrated knowledge and a dedication to providing the Indian Air Force with top-notch defence and aerospace platforms on schedule.
The cooperation with BEL represents a major step forward in L&T’s dedication to modernising India’s defence capabilities, according to remarks made by S N Subrahmanyan, chairman and managing director of L&T. It is a privilege for L&T and BEL to collaborate on providing the Indian Air Force with cutting-edge technologies. As leaders in their fields, the two organisations’ combined efforts will be vital to strengthening national security and promoting defence technology self-reliance.
India’s expanding defensive technology capabilities are exemplified by the AMCA project. In order to achieve this goal, BEL’s partnership with L&T is essential.
Manoj Jain, the chairman and managing director of BEL, went on to explain that working with L&T is an essential step in achieving this goal. With BEL’s defensive electronics experience and L&T’s engineering and systems integration skills, the companies are sure to provide the Indian Air Force with a top-notch solution that will last for many years.
Quick
Shots
•The consortium will respond to ADA’s
Expression of Interest (EoI) in the coming weeks.
•Collaboration leverages BEL’s
expertise in defence electronics and L&T’s strength in aerospace and
strategic defence platforms.
•Partnership aligns with the
‘Atmanirbhar Bharat’ vision for defence indigenisation.
•Both companies have previously
contributed to India’s Light Combat Aircraft (LCA) programme.
•The alliance aims to deliver
advanced, high-quality solutions to the Indian Air Force on time.
According to a July 21 business filing, Larsen & Toubro subsidiary L&T Energy GreenTech would establish India’s first green hydrogen facility at Indian Oil’s Panipat refinery in Haryana on a build-own-operate basis.
25-Year Deal to Supply 10,000 Tonnes Annually to IOC
An important step in India’s National Green Hydrogen Mission, the plant will run continuously on renewable energy to provide 10,000 tonnes of green hydrogen to IOC annually for 25 years. Additionally, this supports India’s net-zero goals and fits with IOC’s plan to decarbonise refining processes.
High-pressure alkaline electrolysers manufactured at L&T Electrolysers in Hazira will be used in the plant to produce green hydrogen. The action positions LTEG as a major participant in the green hydrogen ecosystem and establishes a standard for widespread industrial usage in fertilisers, refineries, and other industries.
According to L&T President and Deputy Managing Director Subramaniam Sarma, the project strengthens LTEG’s capacity to provide extensive sustainable energy solutions while also strengthening the company’s relationship with IOC.
IOC Enters Green Hydrogen Space with Ambitious Project
In essence, green hydrogen is the gas created when water is split using renewable energy sources. The project is the biggest green hydrogen project in India to date and represents IOC’s first foray into the green hydrogen market.
The green hydrogen generated here will substitute hydrogen sourced from fossil fuels in IOC’s refinery operations, lowering carbon emissions. The project is expected to be put into service by December 2027.
Timeline and Background: From Cancelled Tenders to Execution
Due to the industry’s lack of interest in moving forward with the project, IOC had previously cancelled two tenders. At the desire of the participating companies, the deadline was twice extended to January 2025 after the tender was initially published in September 2024. “This project demonstrates our complete green energy capabilities, from the production of electrolysers to their implementation and operation.
“We are confident in delivering a high-performance, zero-emission plant that sets new industry benchmarks thanks to our skilled team and state-of-the-art technology,” stated Derek Shah, Head of Green Manufacturing & Development at L&T.
Other Players Fueling India’s Green Hydrogen Revolution
The renewable energy-focused ACME Group announced in June that it would construct a green hydrogen plant in the Tata Steel Special Economic Zone (Tata SEZ) in the Gopalpur Industrial Estate of Odisha, with the goal of producing 400,000 tonnes of green ammonia by 2029. In order to deliver all 400,000 tonnes of green ammonia produced from the facility starting in 2029, the business has teamed with IHI Corporation of Japan.
In June, Toyota Kirloskar Motor also inked a Memorandum of Understanding (MoU) with Ohmium International, a top supplier of Proton Exchange Membrane (PEM) based in Newark, California. The two companies will work together to develop hydrogen-based solutions by combining Toyota’s PEM fuel cell modules with Ohmium’s state-of-the-art PEM electrolysers, as well as to explore possible partnership opportunities to harmonise advanced fuel cell technology with Ohmium’s hyper-modular and efficient system designs.
Government Backing: Policy, Funding, and Trials Underway
Green hydrogen is thought to be essential to India’s goal of reaching net-zero emissions by 2070. Prahlad Joshi, the Union Minister of New and Renewable Energy, and Nitin Gadkari, the Union Minister of Road Transport and Highways, officially opened Tata Motors’ first-ever testing of hydrogen-powered heavy-duty vehicles in New Delhi in March.
With INR 500 crore set aside for this purpose, the government intends to encourage hydrogen fuel trials, with cooperation from businesses like Ashok Leyland, Volvo, Reliance, and Hindustan Petroleum, among others.
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations.
Larsen & Toubro Limited, commonly known as L&T, is an Indian conglomerate involved in technology, engineering, construction, manufacturing, and financial services, with global operations. The company is headquartered in Mumbai, Maharashtra, India. The business interests of the company lie in basic and heavy engineering, construction, realty, manufacturing of capital goods, information technology, and financial services.
Read on to find out more about L&T’s history, founders and owners, net worth, business model, growth, competitors, revenue model, acquisitions, future plans, and more.
Larsen & Toubro Limited (‘Larsen & Toubro’ or ‘L&T’) is a USD 12.65 billion technology (as of 2024), Indian technology engineering, construction, projects, manufacturing, and financial services conglomerate, with global operations. It addresses critical needs in key sectors – infrastructure, construction, defense, hydrocarbon, heavy engineering, power, shipbuilding, aerospace, electrical & automation, mining and metallurgy.
Recreating the Sun – L&T
Three key products/services in which L&T is engaged are Construction and project-related activity, manufacturing and trading activity, and engineering services.
For administrative purposes, L&T has been structured into five broad categories:
Construction: This covers Buildings & Factories, Heavy Civil Infrastructure, Transportation Infrastructure, Power Transmission & Distribution, Water & Effluent Treatment, Metallurgical & Material Handling and Smart World & Communication;
EPC Projects: This includes Hydrocarbon Engineering, Power and Power Development;
Manufacturing: This includes Defence Equipment & Systems, Heavy Engineering, Construction, Mining & Industrial Machinery, Industrial Valves and Electrical & Automation Systems;
Services: This includes Realty, Information Technology, Technology Services, and Financial Services.
Others: This includes Hyderabad Metro, Infrastructure Development Projects and corporate functions
Larsen & Toubro forayed into the Edtech space with the launch of L&T EduTech in October 2021. Sabyasachi Das has been appointed as the CEO of L&T EduTech, which will offer various courses centered around the engineering and technology verticals.
Larsen & Toubro – Logo and its meaning
The L&T logo comprises a monogram that is in blue.
L&T Logo
Larsen & Toubro – Founder and History
Larsen & Toubro was founded in 1938 in Mumbai by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro.
Henning Holck-Larsen & Søren Kristian Toubro – Founders, L&T
The company began as a representative of Danish manufacturers of dairy and allied equipment. However, with the start of the Second World War in 1939 and the resulting blockade of trade lines, the partners started a small workshop to undertake jobs and provide service facilities. Germany’s invasion of Denmark in 1940 stopped supplies of Danish products. The wartime need to repair and refit and degauss ships offered L&T an opportunity, and led to the formation of a new company, Hilda Ltd, to handle these operations. L&T also started to repair and fabricate ships signaling the expansion of the company. The sudden internment of German engineers in British India (due to suspicions caused by the Second World War), who were to put up a soda ash plant for the Tata’s, gave L&T a chance to enter the field of installation.
After India’s independence in 1947, L&T set up offices in Calcutta (now Kolkata), Madras (now Chennai) and New Delhi. In 1948, 55 acres of undeveloped marsh and jungle were acquired in Powai, Mumbai. A previously uninhabitable swamp subsequently became the site of its main manufacturing hub. In December 1950, L&T became a public company with a paid-up capital of ₹20 lakh (US$28,000). The sales turnover in that year was ₹1.09 crore (US$150,000). In 1956, a major part of the company’s Mumbai office moved to ICI House in Ballard Estate, which would later be purchased by the company and renamed L&T House, its present headquarters.
SN Subrahmanyan | Chairman and MD, L&T
L&T appointed SN Subrahmanyan as the Chief Executive Officer & Managing Director of Larsen & Toubro. He took over the reins from Mr Anil Manibhai Naik on 1 July 2017 later he became chairman and managing director of L&T.
“To develop and deliver high quality education and research in project management in consonance with the vision of L&T by providing state-of-the-art infrastructure and learner friendly atmosphere with innovative pedagogy thereby creating a pool of world-class and socially responsible project professionals.”
Larsen & Toubro – Business Model
Customer Segments: L&T has a niche market business model, with a specialized customer segment. The company targets its offerings at firms that operate in the industrial sector.
Value Proposition: The company creates accessibility by offering a wide variety of options. It is a multinational, diversified conglomerate, operating in numerous product/service categories including technology, engineering, construction, manufacturing, and financial services. The company has established a strong brand due to its success. It is one of the five biggest fabrication companies in the world, with more than 130 subsidiaries and 15 associate firms. It bills itself as India’s largest engineering and construction company and one of its largest multinational firms.
Channels: L&T’s main channel is its business development team. The company promotes its offerings through its website, social media pages, advertising, and participation in conferences.
Customer Relationships: L&T’s customer relationship is primarily of a personal assistance nature. The company provides comprehensive training to customers as well as extensive phone and email support.
Key Activities: L&T’s business model entails designing, developing, and manufacturing its products, as well as offering services to customers.
Key Partners: L&T company maintains technology alliances (e.g., joint ventures) with various firms to provide best-in-class services for its customers. The firms represent various sectors, including Power, Construction, and Hydrocarbon. Specific partners are GULF Interstate Engineering, Chiyoda Corporation of Japan, Mitsubishi Hitachi Power Systems (MHPS), Sargent & Lundy, and Valdel.
Larsen & Toubro (L&T) generates money from different revenue streams:
Engineering and Construction: L&T earns significantly from building large-scale projects like roads, bridges, power plants, and water systems.
Technology Services: Through L&T Technology Services (LTTS), it provides tech and research services to clients in sectors like automotive, aerospace, and telecom.
Financial Services: L&T Finance offers loans, insurance, and investment products to people and businesses.
Manufacturing: L&T makes machines and other heavy products for industries like energy, chemicals, and defense.
Real Estate: The company also makes money from building and managing properties.
This helps L&T stay strong financially, even when the economy changes.
Larsen & Toubro – Net Revenue from 2018 to 2024
Larsen & Toubro – Investments
As per reports on January 2025, L&T Semiconductor Technologies (LTSCT), a fully owned subsidiary of Larsen & Toubro, plans to invest over $10 billion in a silicon fabrication plant. This investment will proceed once the company gains clear visibility by 2026-27 of achieving a revenue run rate of at least $1 billion per year from selling its own patented chips and semiconductor products, which will be manufactured by third parties, in both Indian and global markets.
Larsen & Toubro Limited invested in City Union Bank on Dec 1, 2006. This investment – Post-IPO Equity – City Union Bank – was valued at INR 45 crore.
Larsen & Toubro – Acquisitions
Larsen & Toubro Limited has acquired 2 organizations. Their most recent acquisition was Intelliswift in November 2024.
Acquiree Name
Date
Amount
About Acquiree
Intelliswift
November, 2024
–
Intelliswift is a software solutions and services company
MindTree
Jun 3, 2019
–
MindTree was started in 1999 by a diverse team of 10 professionals who came from three different nations and had already scripted
Labor shortage: L&T Group Chairman S N Subrahmanyan revealed that the company is currently facing a shortage of over 45,000 workers and engineers across its various businesses. The flagship engineering, procurement, and construction sector is dealing with a shortage of 25,000 to 30,000 laborers, while the IT and IT-enabled services division is short of 20,000 engineers, he shared with reporters.
The company faced this challenge after COVID-19 too.
When asked for comments about the migrant labours crisis, S N Subrahmanyan, MD and CEO, L&T, told, “We had 2.25 lakh labourers working with us pre-Covid; now we have 1.2 lakh people with us. We need to get back one lakh people to resume operations.”
L&T is also banking on onboarding numerous laborers coming from the Gulf region who have been laid off due to the significant fall in oil prices.
Larsen & Toubro – Future Plans
Larsen & Toubro (L&T) plans to invest in sustainable construction, digital technologies, and oil-to-chemicals projects.
Sustainable Construction: L&T is teaming up with Komatsu to create construction and mining equipment that can run on biodiesel. The company is also adding renewable energy, like solar panels and wind turbines, into building designs.
Digital Technologies: L&T is using digital tools to improve how buildings are designed, built, and managed. It has also introduced a Smart Construction solution to make the process more efficient.
Oil-to-Chemicals Projects: L&T plans to invest in oil-to-chemicals projects in the Middle East to expand its reach in the energy sector.
Larsen & Toubro – Conclusion
L&T is engaged in core, high-impact sectors of the economy, and our integrated capabilities span the entire spectrum of ‘design to deliver’. With 8 decades of a strong, customer-focused approach and a continuous quest for world-class quality, they have unmatched expertise across Technology, Engineering, Construction, Infrastructure Projects, and Manufacturing, and maintain leadership in all our major lines of business.
FAQs
What is L&T?
Larsen & Toubro Limited (‘Larsen & Toubro’ or ‘L&T’) is a USD 17 billion technology, Indian technology engineering, construction, projects, manufacturing, and financial services conglomerate, with global operations.
Who is L&T founder?
Larsen & Toubro was founded in 1938 in Mumbai by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro.
Is L&T Indian company?
Yes, L&T is an Indian company.
What is L&T company full form?
L&T full form is Larsen & Toubro.
Who is the L&T owner?
S N Subrahmanyan is the chairman and managing director of L&T.
Which is L&T company owner country?
Larsen & Toubro (L&T) is an Indian multinational company, and its ownership is primarily held by Indian shareholders. The company was founded in India and is headquartered in Mumbai, Maharashtra. It is listed on the Indian stock exchanges.
What is Larsen and Toubro business model?
Larsen & Toubro (L&T) has a diversified business model, earning revenue from sectors like engineering, construction, technology, manufacturing, and financial services. It handles large infrastructure projects, offers tech solutions through L&T Technology Services, manufactures products for defense and energy, and provides financial services through L&T Finance. This wide-ranging approach ensures stability and growth.
Subrahmanyan, alias SNS, is the Chief Executive Officer and Managing Director of Larsen & Toubro-India’s premier multinational conglomerate with a business portfolio in Engineering, Construction, Manufacturing, Technology, and Financial Services. He has played an important role in shaping L&T into globally recognized infrastructure and technology domains, having led through almost four decades of operation.
Subrahmanyan took over from A.M. Naik in 2017, as the CMD, and is also the Vice Chairman on the Board of LTIMindtree and L&T Technology Services, Chairman of L&T Metro Rail (Hyderabad) Limited, and Director and Chairperson of L&T Finance Holdings Ltd. His career represents a nice balance of technical capability, strategic thought, and simply visionary leadership.
In this StartupTalky article, we will explore S. N. Subrahmanyan’s success story, including his early life, childhood, personal life, education, awards, philanthropy, controversy, and more.
S. N. Subrahmanyan – Biography
Full Name
Sekharipuram Narayanan Subrahmanyan
Birthplace
Palakkad, Kerala, India
Birth
16th March, 1960
Nationality
Indian
Education
Bachelor’s in Civil Engineering, Regional Engineering College (now NIT) Kurukshetra Post-Graduate Diploma in Business Management, Symbiosis Institute of Business Management (SIBM), Pune
Occupation
CEO & MD, Larsen & Toubro Limited
Known for
Expanding L&T’s footprint globally and spearheading its digital transformation
Born in Palakkad, Kerala, S. N. Subrahmanyan was raised in a family for which discipline and education formed an intrinsic part of upbringing. A high degree of work ethic and solving any given problem intelligently constituted his formative years.
Subrahmanyan did his civil engineering at Regional Engineering College, now NIT, in Kurukshetra. He was interested in the design and construction of structures. This made him recognize that leadership also needed some business acumen, which made him move ahead to get a postgraduate diploma in business management from SIBM, Pune. This was followed by an Executive MBA from London Business School, which eventually whetted his strategic thinking and leadership capability.
S. N. Subrahmanyan – Personal Life
S. N. Subrahmanyan is a pretty simple and down-to-earth person. He is married to Meena Subrahmanyan and is the father of two sons, Sujay and Suraj. He loves playing sports, which include cricket and badminton, and extends his support to works aimed at facilitating sports in the country. He also has a keen interest in Western Classical music.
S. N. Subrahmanyan – Career Highlights
Early Days at L&T
Subrahmanyan joined L&T in 1984 as a project planning engineer. Right from the start, he showed an in-depth understanding of project management and leadership. His eye for detail and how he managed complex engineering projects fetched him a string of promotions with added responsibilities. S.N. Subrahmanyan is among India’s top 10 highest-paid executives, earning a total salary of INR 51 crore in 2024.
Driving Infrastructure Excellence
One of the defining contributions of Subrahmanyan has been his role in transforming L&T’s infrastructure segment into a global frontrunner. He successfully executed some of India’s most ambitious projects, including:
The single-largest PPP in the metro rail sector of India represented their testimony to engineering capability.
L&T constructed one of the marvels of Engineering, the tallest in the world: the Statue of Unity.
The infrastructural development is contoured in the state-of-the-art airports that will dot the country in no time, including Mumbai, Bengaluru, and Hyderabad.
Smart Cities Initiative: This was a great contribution by Larsen and Toubro in the field of India’s Smart Cities Mission with respect to infrastructure in urban areas, water supply systems, and digital connectivity.
CEO and MD of L&T
Subrahmanyan was appointed CEO & MD, Larsen & Toubro, w.e.f. 2017, after A. M. Naik. It was a big landmark because he was the first professional not belonging to the founder’s family to take over as chief of the company. The priorities that this CEO emphasizes:
Diversification into technology and services increased L&T Group’s business portfolio.
To further expand internationally into the Middle East, Africa, and Southeast Asia.
Operational Efficiency: The group’s focus is on embracing digital transformation.
Subrahmanyan has been at the forefront of the latest technologies finding their way into the operations of L&T in:
L&T-NxT: A platform to create disruption in the process of engineering and construction through the use of Artificial Intelligence, Machine Learning, and the Internet of Things.
BIM: Usage of Building Information Modelling towards achieving real-time site project monitoring to allow for optimization.
Advanced Robotics: Using robotics and automation in construction activities while improving efficiency and safety.
Expanding the Technology Portfolio
Subrahmanyan has played an important role in firming up L&T’s IT services business through:
L&T Technology Services: It provides research and development engineering services to customers around the globe.
Acquisition of Mindtree: This key strategic step firmly established L&T among the mainstays in this industry.
Global Expansion
Under Subrahmanyan’s leadership, L&T has significantly increased its presence in international markets, executing projects in over 30 countries. Major projects include:
Infrastructure development in the Middle East, including airports, metro systems, and power plants
In January 2025, a viral video of Subrahmanyan’s New Year address sparked controversy. Responding to an employee’s query about working on Saturdays, he regretted not being able to mandate work on Sundays, claiming it would make him happier as he works on Sundays. He questioned employees’ activities at home and suggested they should work instead. His remarks led to online backlash, with his wife, Meena Subrahmanyan, also facing trolling. Subrahmanyan defended his stance, citing China’s longer work hours as a reason to adopt a 90-hour workweek for success.
S. N. Subrahmanyan – Philanthropy and Vision
Subrahmanyan’s vision extends beyond business success. He is deeply committed to creating a positive societal impact through L&T’s corporate social responsibility (CSR) initiatives.
Skill Building: Under Subrahmanyan, L&T has set up skill development centers across the country. These centers train less privileged youth in employable skills related to construction, manufacturing, and technology.
Education: L&T supports education initiatives by funding schools, providing scholarships, and supplying infrastructure in underserved communities. Subrahmanyan believes in empowering the next generation through quality education.
Sustainability: Subrahmanyan has championed sustainability across L&T’s projects, incorporating green building techniques, waste management systems, and renewable energy solutions. Some initiatives include: – Adoption of solar and wind energy in large-scale projects. – Rainwater harvesting systems in construction sites. – Sustainable urban development in smart city projects.
Community Outreach: L&T, under Subrahmanyan’s guidance, has made substantial contributions to disaster relief efforts, healthcare services in rural areas, and women’s empowerment programs.
S. N. Subrahmanyan – Accomplishments and Recognitions
Mr. S N Subrahmanyan Receiving India’s Best CEO – Infra & Engineering Award by Business Today
S. N. Subrahmanyan has been awarded several awards and accolades in his glittering career. These include:
Construction Week 2023: Ranked 8th in the Power 100 List as one of the most influential faces of the Middle East.
Fortune India 2022: Best CEO in the Infrastructure Sector
BT-PWC India’s Best CEOs 2022: Best CEO in the Infrastructure and Engineering category
GCC 2021: Top 50 utilities leaders
Chairman of the National Safety Council by Labour Ministry
Construction Week Magazine 2021: Ranked 11 in the Power 100 Ranking
CNBC Awaaz 2019: CEO of the year
CEO Awards 2019: Emergent Award for exemplary leadership
Construction Week Magazine 2019: Ranked 13 in the Power 100 Ranking
IIM-JRD Tata Award in 2019 by the Indian Institute of Metallurgy for his ‘service to the country through leadership in the industry, corporate governance and fulfilling of societal responsibilities.’
Qatar Contractors Forum & Awards 2014: Contractor CEO of the Year
Construction Week Magazine 2014: Ranked 36th
Construction Week Magazine 2012: Infrastructure Person of the Year
S. N. Subrahmanyan – Facts
L&T Tenure: Subrahmanyan has been with L&T for over 40 years, making him one of its longest-serving and influential chiefs.
Global Visionary: More than 30 countries saw operations during his time in the company and positioned L&T as one of the big global players.
The technophile Subrahmanyan has integrated AI, IoT, and robotics seamlessly into the operations of L&T.
Mentor: Subrahmanyan is keen on grooming talent and actively mentors several young leaders within L&T.
Low-Key Lifestyle: Despite his massive success, Subrahmanyan keeps a low profile and puts his family first.
S. N. Subrahmanyan – Legacy of Leadership
The metamorphosis of S. N. Subrahmanyan from a young project engineer to CEO & MD has been symptomatic of the power of dedication, vision, and innovation. During Mr. Subrahmanyan’s era at the helm, L&T rose to great heights and participated in multifarious aspects of infrastructure and technological development in India.
Subrahmanyan’s emphasis on sustainability, skill development, and community welfare spoke volumes about his holistic approach to leadership. His legacy will inspire leaders across India and the world as L&T pursues expansion plans under his stewardship.
FAQs
Who is S.N. Subrahmanyan?
S.N. Subrahmanyan is the CEO and Managing Director of Larsen & Toubro (L&T), one of India’s largest conglomerates with operations in engineering, construction, manufacturing, technology, and financial services.
What is S.N. Subrahmanyan education?
S.N. Subrahmanyan is a civil engineering graduate from NIT Kurukshetra and holds a postgraduate degree in management and technology from Anna University. He also completed an executive management program at the London Business School, equipping him with expertise in engineering, construction, and business leadership.
What is S.N. Subrahmanyan controversy?
In January 2025, S.N. Subrahmanyan faced backlash for suggesting employees work on Sundays and endorsing a 90-hour workweek, citing China’s work culture. His comments led to widespread criticism and trolling of his wife, Meena Subrahmanyan.
