Subrahmanyan would take over as L&T CEO and MD from July 1. He is currently the Deputy Managing Director and President of the company.
"It is an onerous responsibility to manage and grow such a huge and highly diversified engineering, project, manufacturing and services conglomerate. Further, stepping into the shoes of a visionary and industry doyen like A.M. Naik is not easy," Subrahmanyan said.
A.M. Naik is the engineering conglomerate's current executive chairman.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $16 billion in revenue and operates in over 30 countries worldwide.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.