Larsen & Toubro Ltd. operates as an investment holding company, which engages in technology, engineering, construction, manufacturing and financial activities. It operates through the following segments: Infrastructure, Power, Heavy Engineering, Electrical & Automation, Hydrocarbon, IT and Technology Services, Financial Services, Developmental Projects and Others. The Infrastructure segment comprises of engineering and construction of building and factories, transportation infrastructure, heavy civil infrastructure, power transmission and distribution and water and renewable energy projects. The Power segment includes turnkey solutions for coal-based and gas-based thermal power plants including power generation equipment with associated systems and balance-of-plant packages. The Heavy Engineering segment engages in the manufacture and supply of custom designed, engineered critical equipment & systems to core sector industries like fertiliser, refinery, petrochemical, chemical, oil & gas, thermal & nuclear power, aerospace and defence. The Electrical and Automation segment comprises manufacture and sale of low and medium voltage switchgear components, custom built low and medium voltage switchboards, electronic energy meters protection systems and control and automation products. The Hydrocarbon segment provides engineering procurement, construction and commissioning solutions for the global oil and gas Industry from front-end design through detailed engineering, modular fabrication, procurement, project management, construction, installation and commissioning. The IT and Technology Services segment comprises of information technology and integrated engineering services. The Financial Services segment includes retail and corporate finance, housing finance, infrastructure finance, general insurance, asset management of mutual fund schemes and related advisory services. The Developmental Projects segment comprises development, operation and maintenance of basic infrastructure projects, toll collection including annuity based projects, power development, development and operation of port facilities and providing related advisory services. The Others segment includes metallurgical and material handling systems, realty, shipbuilding and integrated engineering services. The company was founded by Henning Holck-Larsen and Soren Kristian Toubro in 1938 and is headquartered in Mumbai, India.