L&T creates new IT entity by merging infotech arms
Larsen & Toubro today said it has integrated its IT business L&T Infotech with L&T Integrated Engineering Services to accelerate growth in the technology space.
"L&T believes this restructure will help the company in growing these businesses," the company said in a release.
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L&T Infotech has been reorganised as two clusters -- industrial and services -- and the current L&T Integrated Engineering Services will be rebranded as L&T Technology Services, it added.
"The L&T Technology Services 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," it said.
L&T Integrated Engineering Services chief executive Keshab Panda will be appointed as the L&T Technology Services chief executive and will be inducted on the board of L&T Infotech.
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