L&T restructures IT & Engineering Services business

BANGALORE: L&T has restructured its IT and L&T Integrated Engineering Services businesses with a view to accelerate growth in the technology space and inducted three US-based professionals on the L&T Infotech board.
L&T Infotech has been reorganized around two business clusters, 'Industrial' & 'Services' and the current L&T Integrated Engineering Services (IES) will be rebranded as L&T Technology Services, the company said in a statement here.

As a part of this strategy, it has inducted three US-based professionals, Keshab Panda, Mukesh Aghi and Vivek Chopra on the L&T Infotech board.

The L&T Technology Services (IES) will offer customised engineering services and will also include embedded systems deployed in product and plant electronics and custom firmware for the telecom equipment industry.

Panda, currently the Chief Executive of L&T Integrated Engineering Services, will be the Chief Executive of L&T Technology Services and will also be on the board of L&T Infotech for maximising synergies.

Aghi will be the Chief Executive of 'Services' cluster and the Whole-time Director of L&T Infotech and Chopra will be the Chief Executive of 'Industrial' cluster and the Whole-time Director of L&T Infotech.