Report 2

You might also like

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 1

L&TS ALLAINCES WITH WORLDS TOP CONSTRUCTIONEQUIPMENT MANAUFACTURING COMPANIES

L&T has also entered into alliances with several international companies to strengthen its manufacturing portfolio, especially its mining and construction equipment. It now manufactures a wider range of products besides also being involved in the marketing and servicing of certain products of their international counterparts . L&T Komatsu Ltd., a joint venture with Komatsu Asia & Pacific Pvt. Ltd., Singapore, manufactures hydraulic excavators and other such components. L&T John Deere Pvt. Ltd., a joint venture with Deere & Co., USA, is involved in the manufacture and sale of tractors. However, L&T divested its stake in the latter as part of its strategy to exit non-core businesses. L&T-Case Equipment Pvt. Ltd., a joint venture with CNH America LLC manufacture earthmoving and construction machinery. Goverment
The Chennai Metro Rail has awarded the Rs 449.22-crore contract for design and construction of track works to a joint venture of L&T and Alstom. According to a press release from Chennai Metro, the joint venture of Larsen & Toubro, Alstom Transport, SA, and Alstom Projects India has bagged the tender for design, construction of track work in viaduct, tunnel, underground, and depot in corridor I & II. The track work consists of 104 route km, including 15 route km in the depot at Koyambedu, to be completed in four years. CMRL is a joint venture between the State Government and the Centre to set up a Rs 14,000-crore metro rail facility in Chennai.

RESOURCE PLANNING Centralized Resources dept at HQ takes care of allocation, distribution and movement of Staff and Plant &Machinery to meet the requirements for deployment in various regions and overseas across the company.

Resources department as a focal point helps the Operational Units to optimize the productivity by maintaining a balance between the availability and the requirement of resources (Staff and Plant & Machinery). It also facilitates the process of decision and deployment of equipment from external agencies as needed.

You might also like