Labour Crisis at L&T
| Case Code: HROB284 Case Length: 10 Pages Period: 1938-2025 Pub Date: 2025 Teaching Note: Available |
Price: Rs.300 Organization: Larsen & Toubro Limited Industry: Conglomerate Countries: India Themes: Human Resource Planning, HR Planning, HR Policy |
Abstract Case Intro 1 Case Intro 2 Excerpts
A Note on L&T
The origins of L&T can be traced back to 1938, when Danish engineers Søren Kristian Toubro and Henning Holck-Larsen arrived in India to begin importing and marketing Danish dairy equipment. The duo later set up a small workshop to undertake engineering work and services to repair and fabricate ships during World War II. The company got its first major break in 1940, when it secured a huge assignment to build a soda ash plant for the Tata group. In 1945, L&T was appointed as a distributor of US-based Caterpillar Tractor Company for earthmoving machinery. The company gradually set up offices in New Delhi, Calcutta (now Kolkata), and Madras (now Chennai). With a paid-up capital of Rs 2 million and a turnover of Rs 10.9 million in 1950, L&T went public..
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