Engineering and infrastructure conglomerate Larsen & Toubro (L&T) needs to focus on areas such as green energy, data centres and edutech, which are relatively new to the group, to remain competitive and relevant.
Technology will be a key differentiator and the company should adopt tech-driven solutions to succeed, L&T CEO and MD SN Subrahmanyan said in his new year address to employees.
“We need to remain competitive and relevant in the emerging business landscape. While we are well attuned to identify and chase opportunities in our core areas, we need to be sharp and smart in areas that are relatively new to us like green energy, data centres, edutech and SuFin,” he said in a town hall on Monday.