Larsen & Toubro to sell its Electrical and Automation business to Schneider Electric for ₹14,000 cr
Introduction This blog explores the strategic move by Larsen & Toubro to sell its Electrical and Automation business to Schneider Electric, analyzing its implications for both companies and the electrical sector in India. Company Overview Larsen & Toubro (L&T) Background: L&T, a major player in engineering, construction, and manufacturing, decided to divest its Electrical and … Read more