The 12 closest competitors and alternatives to L&T among engineering and construction companies — ranked by similarity to what L&T actually does, not by market-cap band.
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Larsen & Toubro Limited (L&T) is an Indian multinational conglomerate headquartered in Mumbai. It operates in sectors including industrial technology, heavy industry, engineering, construction, manufacturing, power, information technology, defence, and financial services.
L&T is an engineering and construction company headquartered in India, founded in 1938. Its most recent funding round, Series A, raised $1M in December 2022. Xcout tracks 16 named people at L&T, including R. Shankar Raman (President & Whole-Time Director - Finance).
10 more named people on record for L&T, with roles, board committees and tenure — see the full roster →
Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series A | $1M | 5 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Ranked by semantic similarity — how close each company is to L&T by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Construction
Afcons Infrastructure Ltd., along with its affiliated companies, operates in the infrastructure, engineering, and construction sectors across India and globally. The firm specializes in a diverse range of civil engineering projects, including marine structures, road networks, bridges, metropolitan transport systems, power generation facilities, tunneling, oil and gas installations, and liquefied natural gas (LNG) storage tanks. Its marine expertise encompasses the development of ports, harbor jetties, dry and wet docks, protective breakwaters, essential outfall and intake structures, and efficient material handling systems. On land, Afcons builds roads, complex interchanges, railway infrastructure for mining operations, dams, barrages, and various water and irrigation schemes, alongside both road tunnels and other underground constructions. Further expanding its portfolio, the company constructs elevated and subterranean metro lines, flyovers, and elevated corridors, in addition to undertaking both onshore and offshore oil and gas ventures. Originally established as Asia Foundations and Constructions Limited, the company adopted its current name, Afcons Infrastructure Limited, in August 1996. Founded in 1959, its corporate headquarters are located in Mumbai, India.
Construction
Tata Projects Limited is an Indian engineering, procurement and construction (EPC) company within the Tata Group. It delivers large-scale infrastructure and industrial projects, including transportation, urban infrastructure, water, power and related facilities, for government and private-sector clients.
Construction
LCC Projects Limited is a leading Indian construction company primarily involved in infrastructure development projects commissioned by the government.
Construction
Arabtec Holding PJSC was an Emirati multinational construction company headquartered in the United Arab Emirates. It was one of the leading companies in the construction industry.
Construction
Vascon Engineers Limited provides engineering, procurement, and construction (EPC) services alongside real estate development. The company executes residential, commercial, industrial, institutional, and hospitality projects for clients and customers across India.
Construction
Laing O'Rourke is an international engineering and construction company that delivers infrastructure and building projects for clients in sectors such as healthcare, transport, energy, and defense. Utilizing modern methods of construction and in-house manufacturing capabilities, the company serves public and private sector clients across the UK, Australia, and the Middle East.
Construction
Hindustan Construction Company Limited (HCC) is an Indian multinational engineering and construction company headquartered in Mumbai, Maharashtra, India. The company was founded by Industrialist Seth Walchand Hirachand in 1926.
Construction
Leighton Asia Limited is an Asia-Pacific construction contractor, a part of the CIMIC Group, an Australian project development and contracting group. Leighton Asia is currently headquartered in Hong Kong, and has been operating in the continent for more than 45 years. Based in Hong Kong, the company also operates in Macau, Singapore, India, Indonesia, the Philippines, Thailand and Malaysia.
Construction
Ledcor Group of Companies is a construction company operating primarily in Canada and United States. Ledcor operates in a wide range of industries, including the construction of buildings and civil infrastructure, technical services such as communication networks, forestry, mining, property development and management, transportation, marine operations, and several energy projects, including oil, gas, and Liquefied Natural Gas.
Construction
Aveng Ltd operates across sectors including buildings, power, mining, process and industrial, roads and infrastructure, and oil and gas.
Construction
NBCC (India) Limited, established in 1960 and headquartered in New Delhi, India, operates as a diversified enterprise both within India and internationally. Its core business revolves around project management consultancy and real estate development. The company is structured into three main segments. Its Project Management Consultancy (PMC) segment provides services for various civil construction endeavors, such as residential and commercial buildings, urban redevelopment schemes, hospitals, schools, security infrastructure, and border fencing. Additionally, it undertakes significant infrastructure projects including roads, water supply networks, storm water drainage, water storage solutions, and solid waste management initiatives. The Engineering, Procurement, and Construction (EPC) segment executes a wide array of projects, ranging from industrial installations like chimneys and cooling towers to large-scale infrastructure such as airports and roads. This comprehensive segment offers services covering the entire project lifecycle, from initial conceptualization and feasibility studies to detailed engineering, procurement, construction supervision, testing, and ultimate handover. Its Real Estate Development segment focuses on constructing residential, commercial, and institutional properties. Furthermore, NBCC (India) Limited extends its offerings to post-construction maintenance, the implementation of integrated steel plants, specialized consultancy in hospital planning and medical equipment, and engaging in environmental and sustainability ventures. The company was formerly known as National Buildings Construction Corporation Limited until its name change in May 2016.
Engineering, Construction
KEC International Limited, an Indian firm established in Mumbai in 1945, operates as a global engineering, procurement, and construction (EPC) specialist. The company provides complete, end-to-end solutions for power transmission lines, covering design, manufacturing, testing, supply, and installation. Its extensive EPC project portfolio includes high-voltage electrical substations, distribution networks, fiber optic infrastructure, and telecommunication towers, alongside high and extra-high voltage cabling assignments. Beyond infrastructure build-out, KEC also manufactures a range of cables, including power, jelly-filled telecommunication, and optical fiber cables. The company is a key contributor to railway infrastructure, offering comprehensive EPC services for bridges (including road overpasses), tunnels, stations, and platforms. This expertise extends to track laying, earthworks, overhead electrification, traction substations, and the provision and installation of signaling and telecommunication systems. Furthermore, KEC undertakes various civil construction projects, such as factories, warehouses, residential complexes, commercial buildings, and water/sewage treatment facilities, actively engaging in smart infrastructure initiatives. Its services also encompass full-spectrum solar EPC, from design and engineering to project execution, management, bid support, and feasibility assessments for photovoltaic power plants. KEC maintains a substantial international footprint, operating across 110 countries, with a presence in regions like India, Brazil, Mexico, and the United States.
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