India's L&T looks beyond infrastructure in turn to tech

Company chairman targeting software development, data centers for growth

20230123 Larsen & Toubro sign

As Larsen & Toubro shifts its strategy to include more modern sectors, it has also been looking to offload some of its lower-profit businesses. © Reuters

DEV CHATTERJEE, Contributing writer

MUMBAI -- India's biggest construction company, Larsen & Toubro, is increasingly branching into high-tech sectors such as operating data centers and developing software as it pushes beyond the infrastructure-building that has fueled its growth over the past few decades, the 80-year-old chairman of the group told Nikkei Asia.

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