L&T was founded in 1938 in Mumbai by two Danish engineers. It began as a representative of Danish dairy equipment manufacturers but later expanded into construction projects. During World War 2, it took advantage of opportunities to repair ships. Today, L&T has diversified businesses across various sectors like infrastructure, power, hydrocarbons, etc. It has a strong financial position and management. Some of L&T's achievements include building India's first indigenous hydrocracker reactor and Asia's highest viaduct for the Konkan Railway.