One of India's largest companies Larsen & Toubro has Danish roots
The company was started by Henning Holck Larsen and Soren Toubro, in 1938 to sell Danish dairy equipment. Today it is a multinational company operating in engineering, construction and infrastructure, IT, electrical equipment and much more.
Denmark's ambassador to India, Freddy Svane, presented the Knight's Cross of the first degree to Mr. Anil Manibhai Naik, chairman and chief executive officer of the large Indian conglomerate Larsen & Toubro in Powai, located in the northern part of Mumbai.
Mr. Naik received the Knight's Cross for his great efforts to promote trade and cultural relations between India and Denmark. Mr. Naik has for 50 years worked for L & T, the last 16 years as the first executive director and from 2012 as chairman.
Larsen & Toubro is one of India's largest corporations with more than 84,000 employees. The company has its Danish name from the two founders, Henning Holck Larsen and Soren Toubro, who in 1938 founded their company in Powai. They sold Danish dairy equipment.
Later the company has grown rather large. Today it is a multinational company operating in engineering, construction and infrastructure, IT, electrical equipment and much more.
Continuous relations with Denmark
During the postwar period, L & T went public. However the original Danish values that the founders brought into the company, are still valid in L & T.
Close relations with Danish companies like FL Smidth and Ramboll has over the years created significant business results and L & T Infotech is also established itself in Denmark.
The CEO of Nordic Indian Business Chamber Mr. Kersi Porbunderwalla knew Henning Holck Larsen very well. When Kersi was the GM of the SAS Royal Hotel in Copenhagen during the 1980’s, they shared their interest in gastronomy and opera, whenever Mr. Larsen was in Copenhagen at his house at Bernstoffsvej in Copenhagen.