L&T sets business target of $100 million in three years

Published August 12th, 2007 - 09:11 GMT

One of India’s fastest growing IT services companies is to open a regional office in Dubai to service the Arabian Gulf and Levant with a target of $100 million in business within three years.

L&T Infotech is a wholly-owned subsidiary of the US$5 billion turnover Larsen & Toubro Limited, India’s largest technology, engineering and construction company with global operations.

More than 60% of Larsen & Toubro’s business currently comes from the oil and gas industry, ranging from fabrication of oil platforms; construction and commissioning of platforms and refineries; control and automation for refineries; and supply, installation and commissioning for petrochemical retailing.

L&T Infotech – a major exhibitor at GITEX Technology Week, which takes place 8-12 September 2007 at the Dubai International Convention and Exhibition Centre -  is also developing substantial business in other sectors including, financial services; manufacturing (auto, industrial, chemical, aero, construction equipment and engineering and construction); and product engineering services.

The energy and petrochemicals business in the Middle East has been a prime focus area for the company and clients include regional majors such as Saudi Aramco, Saudi Arabia Basic Industries Company and Oman Methanol. In addition L&T Infotech has a impressive list of clientele such as ETA Group , Al Shirawi Group, Saud Bahwan Group to name a few.

“Our company services clients across the energy value chain from exploration and production, storage and distribution, refining, logistics and retailing,” said D.P. Sharma, Associate Vice President responsible for the Middle East.

“The services and solutions we offer include applications for information management, IT for capital projects, connectivity, data analytics and locational intelligence, among many others.

“Our ultimate objective in establishing a regional office in Dubai Internet City is to grow our business to $100 million within the next two to three years.”

The Mumbai-headquartered company recently received for the second consecutive time a supplier of the year award from global oil major Chevron. L&T Infotech was selected by Chevron for the honour from among 43 of its IT suppliers worldwide.

To sharpen its strengths, L&T Infotech has aligned with the University of Petroleum in India; the Indian School of Petroleum; and the Indian Institute of Technology, Mumbai; and works closely with them on research projects in oil and gas.

The company also runs Centres of Excellence for Oracle, SAP, Microsoft and oil and gas, information management; a dedicated solutions centre for oil and gas in Houston, Texas; and an Innovation Lab in technology partnership with Microsoft.

The company’s development centres in Manila, Philippines; and San Ramon, California; strengthen offshore delivery centres in Mumbai, Bangalore, Chennai and Pune in India. Another centre is proposed for the Middle East.

About L&T Infotech
 
L&T Infotech is one of India’s fastest growing IT services companies, ranked by NASSCOM as the ninth largest software and services exporter from India in 2007. It is a part of the $5 billion annual turnover Larsen & Toubro Limited, India’s largest technology-driven engineering organisation.

L&T Infotech is differentiated by its unique business to IT connect, which is a result of its rich corporate heritage.  A full-services IT firm with a blue-chip client roster, it offers comprehensive, end-to-end software solutions and services in the following industry verticals:

 

L&T Infotech delivers business solutions to customers, leveraging its substantial domain experience and depth in technologies like SAP, Oracle (including PeopleSoft/JD Edwards/Siebel), Microsoft, EAI, and DW/BI.  In addition to application development and maintenance services, L&T Infotech has strong capabilities in infrastructure management, independent verification and validation testing services, end-to-end engineering services and embedded system solutions.

L&T Infotech’s vision is to provide world-class service to clients in its areas of focus, offering solutions that are based on business and technology insights. 

For further details, about L&T Infotech, please visit: www.lntinfotech.com

 

 

 

 

 


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