From a market cap of INR3,000 crore to INR3.8 lakh crore: How AM Naik turned L&T into a behemoth

From a market cap of INR3,000 crore to INR3.8 lakh crore: How AM Naik turned L&T into a behemoth
BCCL

Larsen & Toubro Limited

Synopsis

L&T had gained the reputation of a sleepy, PSU-like company when AM Naik took charge at the turn of the millennium. Thanks to his strength, tenacity, and deep knowledge, L&T is colossal yet nimble. It now has a new leader who can take up things from where Naik left it off.

Heracles was the strongest man on Earth, and he had the supreme self-confidence magnificent physical strength gives. He considered himself on an equality with the Gods… Eurystheus demanded that Heracles perform and finish tasks so impossible, that they are now referred to as “Herculean”. - Paraphrased from Mythology, Edith Hamilton. Taming Hydra, the multi-headed water snake It’s 1973. The cold war is still hot. You are a passenger in a car

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