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Home›Green Marine›L&T eyes Mideast shipping market
Green Marine

May 22, 2006 · about 20 years ago

L&T eyes Mideast shipping market

Larsen and Toubro, India’s engineering conglomerate, has announced plans to exploit the current growth of the shipping industry in the Middle East. A M Naik, chairman and managing director of L&T, was quoted by Gulf News as having said: ‘Dubai presents a good future for the shipbuilding industry. Th

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Larsen and Toubro, India’s engineering conglomerate, has announced plans to exploit the current growth of the shipping industry in the Middle East. A M Naik, chairman and managing director of L&T, was quoted by Gulf News as having said: ‘Dubai presents a good future for the shipbuilding industry. There are requirements for high end offshore utilities. L&T is keen to get into the market and demonstrate its world class engineering prowess.’

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