{"id":608205,"date":"2023-10-05T10:22:24","date_gmt":"2023-10-05T04:52:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=608205"},"modified":"2023-10-05T12:14:49","modified_gmt":"2023-10-05T06:44:49","slug":"lts-middle-east-order-book-swells-with-saudi-arabias-construction-boom","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lts-middle-east-order-book-swells-with-saudi-arabias-construction-boom\/","title":{"rendered":"L&amp;T&#8217;s middle east order book swells with Saudi Arabia&#8217;s construction boom"},"content":{"rendered":"<p>Last month, Larsen &amp; Toubro\u2019s (L&amp;T\u2019s) hydrocarbon division undertook a multi-city walk-in drive in India to hire for project locations  spanning three Indian states \u2014 Gujarat, Maharashtra, and Tamil Nadu \u2014 and one overseas location \u2014 the Kingdom of Saudi Arabia, underlining the significance of west Asia for the Indian engineering and infrastructure giant.  <\/p>\n<p>As of June, L&amp;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. <\/p>\n<p>This considerable share was largely due to a construction surge in Saudi Arabia, the company\u2019s executives and industry insiders indicated. In comparison, west Asia accounted for just 11.4 per cent of L&amp;T\u2019s order book of Rs 2.94 trillion at the beginning of FY20.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last month, Larsen &amp; Toubro\u2019s (L&amp;T\u2019s) hydrocarbon division undertook a multi-city walk-in drive in India to hire for project locations spanning three Indian states \u2014 Gujarat, Maharashtra, and Tamil Nadu \u2014 and one overseas location \u2014 the Kingdom of Saudi Arabia, underlining the significance of west Asia for the Indian engineering and infrastructure giant. As of June, L&amp;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\u2019s executives and [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-608205","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/608205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=608205"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/608205\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=608205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=608205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=608205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}