The Jebel Ali facility is a significant step for tapping the automation driven business opportunities in oil and gas, power, water and infrastructure space in the GCC region that would contribute to growing L&T"s Electrical and Automation business outside of India, the company said in a statement.
The USD 9.8 billion L&T Group has achieved GCC revenues close to USD 1 billion in financial year 2009-10. The company hopes to grow more than 40 per cent in 2010-2011 financial year.
“The Middle East continues to be a focus area for us and we have enhanced our footprint in the GCC region with this new venture. Systems Integration and in-house electrical equipment manufacturing capabilities contribute to offering total integrated solutions in automation, electrical and telecom space into the region. As a professionally managed Indian multinational we are committed to total customer satisfaction," L&T"s President, Operations & Member of the Board, Mr R N Mukhija said.