L&T Leverages Generative AI for Enhanced Project Life Cycle

By By Rediff Money Desk, New Delhi
Jul 04, 2024 18:32
Larsen & Toubro (L&T) is using generative AI to optimize project lifecycle, from tendering to operations & maintenance. The company also leverages cutting-edge technologies like advanced sensors and robotics.
Photograph: Kind courtesy Gerd Altmann/Pixabay.com
New Delhi, Jul 4 (PTI) Larsen & Toubro (L&T) is using generative artificial intelligence to enhance its processes across the project life cycle, company's Chairman and Managing Director S N Subrahmanyan said on Thursday.

To fuel this innovation, the company has launched a collaborative platform connecting aspiring data scientists with domain experts and technology champions to develop cutting-edge, future-proof solutions, Subrahmanyan said during 79th Annual General Meeting.

"Generative Artificial Intelligence (GenAI) has emerged as a game-changer, and the company is leveraging its power to enhance its processes across the project life cycle - from tendering to contract management to design, execution, and operation & amp;maintenance," he said.

The company leverages a vast array of technologies across its various verticals. Adoption of frontier technologies like advanced sensors, embedded software and robotics is in progress.

He said the company has digitally connected over 15,000 assets across its global projects and manufacturing bases to a central IoT (Internet of Things) platform. All these initiatives enable the company to make project execution faster, safer, cleaner, economical and more sustainable.

Larsen & Toubro is a USD 27 billion Indian multinational enterprise engaged in engineering procurement, and construction (EPC) projects, hi-tech manufacturing and services operating across multiple geographies.
Source: PTI
Read More On:
generative ail&tproject lifecycleconstruction technologyai in engineering
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

DRI Seizes Red Sanders Worth Rs 6.26 Cr, 4...

DRI seizes 15 MT of red sanders worth Rs 6.26 crore in Delhi, arrests 4. Illegal export...

UAE Fund to Invest ₹1,000 Cr in Kerala Startups

UAE-based Feeder Fund to invest ₹1,000 crore in Kerala startups over 3 years. Boost...

ECL Aims for 58 MT Output, Mine Closures Planned

Eastern Coalfields Ltd (ECL) targets 58 MT output, plans closure of six underground...

India: Export Potential in Russia

300 Indian products have huge export potential in Russia. Engineering, pharma, agri,...

Gold & Silver Rally: Inflation Data in Focus

Gold and silver prices rally amid inflation data focus. Analysts eye central bank...

India Ranks 3rd in Global AI Vibrancy Index

India ranks 3rd in Stanford University's Global AI Vibrancy tool, surpassing advanced...

EPFOA Urges CPFC: Equip Offices for Compliance

EPFOA urges CPFC to equip field offices with authority & tools to handle default &...

TV Prices to Rise in January: Chip Shortage &...

TV prices are expected to increase in January due to memory chip shortages and a...

India Gems & Jewellery Exports Up 20% in November

India's gems and jewellery exports grew 20% to USD 2.5 billion in November, says GJEPC....

Navi Mumbai Airport: 3rd Runway Feasibility Study

CIDCO invites bids for a consultant to study the feasibility of a third runway at Navi...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com