Larsen & Toubro’s Growth in the Gulf Amid Regional Conflicts and New Challenges

Larsen & Toubro (L&T) has become the largest Indian EPC contractor in the Gulf region, with Saudi Arabia as its central market. The company's significant presence in the Gulf represents its largest concentration of executable work, evolving through three major disruption cycles. Recent Gulf conflicts have historically contributed to L&T's growth, and analysts are considering how current developments, including new variables, might impact the company’s future expansion.