Silver Dividend
India stands at a demographic crossroads. While much attention has been given to its youthful population, the country is also witnessing a significant rise in its elderly demographic.
Larsen & Toubro (L&T) on tuesday said its construction arm has won orders worth Rs 3,355 crore.
“The buildings and factories business of L&T construction has bagged orders worth Rs 3,355 crore,” the engineering and construction major said in a BSE filing.
Advertisement
The orders include design and construction of India International Convention & Expo Centre (IICC) in the national capital.
Advertisement
The business also secured a contract to construct a major retail development in Navi Mumbai for IKEA. The construction for the proposed development will start in early 2018, it added
Another order is to construct “Viveka Tirtha” Ramakrishna Mission Centre for Human Excellence at Kolkata.
Shares of the company were trading at Rs 1,265.45 apiece, down 0.09 per cent, from the previous close on BSE.
Advertisement
