Naik to pass on the baton to Subrahmanyan but will still be involved with L&T
Naik will continue to be the chairman of the L&T Employees Trust, which is the single largest shareholder of the company.
Source: moneycontrol.com
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MC Interview | India needs to focus on speed and scale; hopeful of L&T's future: Chairman AM Naik
According to Naik, India's approach over the past five decades might not have been as prudent as it could have been. He believes that the nation could have significantly focused on bolstering its manufacturing sector, similar to China's trajectory, to attain self-sufficiency in defense.
Source: moneycontrol.com