L & A Case Study Of Larsen And Toubro Limited

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LARSEN &TOUBRO GROUP
Larsen & Toubro Limited is a USD 14.3 billion technology, engineering, construction and manufacturing group with operations spread across the globe. It was ranked as 14th in 2011 by the Economic Times in their Survey of the Top 500 Companies in India. Another feather in its cap was added when L&T was ranked 47th in the world in the June 2009 issue of Forbes Reputation Institutes “World’s Most Reputable Companies” survey. In this survey, L&T was the only engineering and construction company in the world to have made it to the Top 200.
Having established its foothold in engineering and construction, electrical and electronics, industrial products and information technology, L&T forayed into the financial services space. ‘Financial
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L&T Finance’s farm equipment financial division caters to the finance needs of the rural customers and helps them realize their dreams. The success in this segments come from our approachability, simple documentation, transparency in processes, better understanding of customers business and product knowledge. We have worked with business partners like Mahindra Group, TAFE Group, New Holland, John Deere and Sonalika and Escorts to bring the best of class services to the clients throughout India. Table 2.2: Farm Equipment Criteria
CAR FINANCE:
L&T Finance provides one stop solution for all car loan needs. At L&T Finance, company strives to make your dream of owning a car, come true. They finance new as well as used vehicles. With a wide network, faster processing time and attractive interest rates, L&T Finance ensures that all your car financing needs are met without any hassle. And we make sure that loan repayment process is stress free on well.. L&T finance has business alliance with car dealerships, non-dealer sales agents (DSA’s) and some of India’s most popular vehicle manufacturer’s, like Maruti Suzuki Hyundai, TATA Motors, Toyota, Mahindra & Mahindra,
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L&T Finance offers financing for commercial vehicles of all makes and sizes. We also undertake funding of the body for the commercial vehicles. L&T Finance has an extensive network across the country to provide customers ease of access anywhere. We work directly with manufacturers and dealers at TATA Motors, Ashok Leyland, VECV, Swaraj Mazda, Mahindra Naviskar etc. to bring the highest standards in the industry even to the smallest businesses.
1) CONSTRUCTION EQUIPMENT:
“L&T Finance offers financing for your construction equipment in the form of term loans, working capital loans and operating lease facilities.” L&T Finance understands your business as a construction equipment contractor and has gained extensive knowledge through years in this business thanks to our long and trustworthy parentage. L&T Finance not just provides you with financing that you require but also supports you with a strong team of experienced people present all over the country. We work by building a relationship with and leading you on to achieve success by providing the right advice at the right time. L&T Finance has business alliances with dealerships and some of India’s most popular construction equipment manufacturers like JCB, Telcon, Hyundai, Sany, Leyland Deere, L&T Komatsu

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