Last month, Larsen & Toubro’s (L&T’s) hydrocarbon division undertook a multi-city walk-in drive in India to hire for project locations spanning three Indian states — Gujarat, Maharashtra, and Tamil Nadu — and one overseas location — the Kingdom of Saudi Arabia, underlining the significance of west Asia for the Indian engineering and infrastructure giant.
As of June, L&T had an outstanding order book of Rs 4.12 trillion, of which orders worth Rs 1 trillion, or about 25 per cent, originated from west Asia.
This considerable share was largely due to a construction surge in Saudi Arabia, the company’s executives and industry insiders indicated. In comparison, west Asia accounted for just 11.4 per cent of L&T’s order book of Rs 2.94 trillion at the beginning of FY20.
