L&T Eyes 20% Growth in FY26
Mint Kolkata|December 27, 2024
Infrastructure major Larsen & Toubro (L&T) expects its construction and mining machinery business to grow at least 20% in the next fiscal year, with the company planning to double sales in the next five years.
PTI

In an interview, Arvind K. Garg, senior vice president and head of L&T's construction and mining machinery business, said, "If you ask me what the plan for the coming fiscal year is, definitely our construction and mining machinery business will grow at least 20%. And, as we have to meet the target of growing or doubling our sales in the next five years, along with profitability, we will have to invest in our service capabilities. This financial year, we also launched a mini excavator, the Komatsu PC35, which will help fuel growth," Garg said.

هذه القصة مأخوذة من طبعة December 27, 2024 من Mint Kolkata.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 27, 2024 من Mint Kolkata.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من MINT KOLKATA مشاهدة الكل
Mint Kolkata

Now, tech tools to test cortisol, soothe anxiety

A range of tech tools for mental health will be showcased at CES '25 in Vegas

time-read
2 mins  |
January 07, 2025
Mint Kolkata

This could be the best core exercise you've never done

A modification of the Zercher squat, the 'ab squat' is a dynamic workout that completely engages your core

time-read
3 mins  |
January 07, 2025
Mint Kolkata

For a balanced life, take the heroine's journey

Living a life not attuned to nature's cycles can affect the body and cause digestive issues as well as mental stress

time-read
4 mins  |
January 07, 2025
Mint Kolkata

AIF industry: At risk of death by a thousand circulars

Alternative investment funds generate value but have been dealt a harsh blow by over-regulation

time-read
4 mins  |
January 07, 2025
Mint Kolkata

Welfare programmes impact the retail prices relevant to people

India must update its inflation metrics to reflect actual consumption expenditure patterns for superior policy formulation

time-read
4 mins  |
January 07, 2025
Mint Kolkata

Expect Trump's Crackdown on Immigration to Be Disruptive

He is far better placed to act swiftly and harshly this time around

time-read
3 mins  |
January 07, 2025
Mint Kolkata

Tweaked for flexibility, NPS awaits tax clarity

This funded pension scheme now offers access to low-cost fund management with its option of staggered withdrawals of what was once a lump-sum. Good. Let's keep its taxation benign

time-read
2 mins  |
January 07, 2025
Mint Kolkata

Rupee depreciation is inevitable but its volatility is not

RBI should restrain its active forex management while the Centre aims to attract more dollars

time-read
4 mins  |
January 07, 2025
Mint Kolkata

Ten big GenAI developments we saw within the span of a month

Its evolution didn't even pause for a year-end break as the AI wave began turning into a tsunami

time-read
3 mins  |
January 07, 2025
Mint Kolkata

Simplifying Taxes: Key Challenges for Budget 2025

The focus is on how the Centre overhauls the new tax regime to attract more taxpayers

time-read
3 mins  |
January 07, 2025