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L&T competitors & alternatives

Engineering and ConstructionIndia

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.

12Competitors listed

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About L&T

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 at a glance

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).

L&T leadership

  • R. Shankar RamanPresident & Whole-Time Director - Finance
  • Subramanian SarmaDeputy Managing Director & President
  • S. N. SubrahmanyanChairman & Managing Director
  • Anil V. ParabWhole-Time Director & Sr EVP (Manufacturing)
  • S. V. DesaiWhole-Time Director & Sr EVP (Infrastructure)
  • T . Madhava DasWhole-Time Director & Sr EVP (Energy – Hydrocarbon)

10 more named people on record for L&T, with roles, board committees and tenure — see the full roster →

L&T funding rounds

Every round on record:

DateRoundAmountInvestors
Series A$1M5 named

Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →

Recent L&T news

Top 12 L&T competitors

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.

NBCC (India) LimitedNBCC · ConstructionNew Delhi, India
62% matchPublic

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.

Market cap$2.3B
Employees1,271
NBCC (India) Limited competitors & alternatives →
KEC InternationalKEC · Engineering, ConstructionMumbai, India
62% matchPublic

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.

Market cap$1.4B
Employees6,450
KEC International competitors & alternatives →

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