Thursday, January 10, 2008

L&T Elephant... where's my Scooty Pep+?

We had a lecture on India’s service industry by Dr. H. Gayathri, our first female lecturer. India’s service industry makes up 55% of the Indian GDP and grew 11% during the past year. There were eight areas of the service industry in which India is growing: health care, hospitality, IT, media/entertainment, retail, telecommunications, life insurance and aviation/tourism. She said Health Care, hospitality and IT were the biggest growing service industries in India, yet nearly all of the afore mentioned industries were not growing fast enough to meet the demands of the Indian people.

Our site visit yesterday was to Larsen & Toubro. Wow, is that place AMAZING. It’s a multi-billion dollar company so the conditions were a BIT better than the Sandalwood factory. They catered a delicious lunch for us before our tour and presentation.

The directors who took us around were very gracious and honored to have us there, it was very flattering. It’s still surprising to many of us that we’re kind of a big deal around here. They were all so dedicated to L&T and were very enthusiastic about their work, especially Nagaraj G.P. who is the head of one of L&T’s departments in Mysore. He’s still excited about coming to work after more than ten years of service. Hopefully that will be me some day.

The Mysore campus houses a medical equipment division, develops and produces energy meters, and has an IT department. It was also interesting to see a AT&S circuit board being used in the energy meters since we saw how they were produced just a few short days ago.

At the end of the visit we had a question and answer session over refreshments and they presented us each with a carved elephant. (I guess TVS is going to send my Scooty Pep+ in the mail… though I'd rather have the Apache...) All in all, I found it very kind of them and was impressed by the quality of their products and establishment.

1 comment:

Rajiv said...

Yes, I'm sure the Scooty Pep is in the mail!

I'd still like to see more explicit links between your analysis of the companies and the environment to the readings for the course.

Enjoy the vacation! :)