Archive · 11 Jun 2025
L&T Plans ₹2,400 Crore Hospital Construction Deal with Apollo
Larsen & Toubro (L&T), a big construction company, wants to build hospitals for Apollo Hospitals.
They're planning contracts worth about ₹2,400 crore.
L&T will present these plans to its shareholders at a meeting on June 17.
The projects will take between 1.5 to 3 years to complete.
L&T is good at building hospitals, including installing medical equipment.
Both companies haven't said anything more than what's already been announced.
L&T's Buildings & Factories plans a ₹2,400 crore contract with Apollo Hospitals.
The contract is for constructing hospital buildings across India.
The proposals will be presented at L&T's 80th AGM on June 17.
Contract durations range from 1.5 to 3 years based on project needs.
L&T specializes in the design and construction of hospitals, including medical equipment.
- Who
- L&T's Buildings & Factories and Apollo Hospitals Enterprise.
- What
- L&T's Buildings & Factories proposes to enter into contracts to construct hospital buildings for Apollo Hospitals.
- When
- The proposals will be presented on June 17 at L&T’s 80th Annual General Meeting.
- Where
- Across various locations in India.
- Why
- To broaden L&T's revenue base and enhance shareholder value creation.
- Companies Involved
- L&T, Apollo Hospitals
- Contract Value
- ₹2,400 crore
- Project Scope
- Construction of hospital buildings
- Contract Duration
- 1.5 to 3 years
- Meeting Date
- June 17