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Anil Manibhai Naik joined L&T in 1965 as a junior engineer, became chief executive in 1999, chairman in 2003, group chairman in 2017 and chairman emeritus in 2023, handing over the reins to SN Subrahmanyan in September last year. "I am proud that we got a Rs 25,000-crore single order from Saudi Aramco, the world s largest oil producer, to build a refinery in their country," says Naik, recipient of the Economic Times Award for Lifetime Achievement. ....
"If China can do it, why can t you do it? The point is, are there any growth opportunities? According to me, there are. If you have resources, managerial resources, technical resources and financial resources. Now, if you are a very efficient country, people will look upon you and invest like they invested billions and billions of dollars in China. " ....
A M Naik has chaired the annual general meeting for the last time as the head of the Larsen & Toubro (L&T) group, as he prepares to become chairman emeritus on September 30th. Since he joined as a junior engineer in 1965, L&Ts revenue has grown from Rs 5000 crore to Rs 1.83 lakh crore on a like-to-like basis, while its share price has risen 15,000% and its market capitalisation 20 times. ....
L&T group's revenues surged rose 20 times to Rs 1.83 lakh crore since 1999: Naik financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.