L&T Infotech Ltd.

Contents:

Highlights.................................................................................................2

Vital Facts................................................................................................2-3

Corporate Profile......................................................................................3

Milestones.................................................................................................4

Information Technology Industry.............................................................4-5

Strategies of the company ........................................................................6

Human Resources .....................................................................................7

Management Team.....................................................................................8

L&T Heritage & Alliances……………………………………………....8-11

Key challanges ...........................................................................................12

Financials.....................................................................................................13

Highlights:1) L&T Infotech (Larsen & Toubro Infotech), a subsidiary of L&T (Larsen & Toubro is a global IT services and solutions provider company based in Mumbai, India.

2) L&T Infotech is ranked #8 in India IT companies in 2011-2012. The company has 39 registered offices in 22 countries.

3) It employs standards of the Software Engineering Institute's (SEI) Capability Maturity Model (CMM) and is a certified Level 5 organization.

4) Originally founded as L&T Information Technology Ltd (Read as L&T-IT), a wholly owned subsidiary of Larsen & Toubro Ltd (L&T), The company changed its name to L&T Infotech on 1 April 1997.

5) L&T Infotech acquired GDA Technologies (a privately held electronic design firm based in California, USA) and all of its design centers in USA and IndiaLocation of Offices.

Vital Facts:

Industry

IT service management

IT service

IT consulting

Engineering/Embedded/R&D

Founded 1997

Headquarters Mumbai, Maharashtra, India

Key peopleV K Magapu

Director

Services IT services

IT consulting

BPO and IT solutions

Revenue US$ 650 million (2011)

Employees 16,000

Parent Larsen & Toubro

Website lntinfotech.com

Corporate Profile:L&T Infotech (Larsen & Toubro Infotech), a subsidiary of L&T (Larsen & Toubro is a global IT services and solutions provider company based in Mumbai, India. L&T Infotech is ranked #8 in India IT companies in 2011-2012. The company has 39 registered offices in 22 countries. It employs standards of the Software Engineering Institute's (SEI) Capability Maturity Model (CMM) and is a certified Level 5 organization.

Originally founded as L&T Information Technology Ltd (Read as L&T-IT), a wholly owned subsidiary of Larsen & Toubro Ltd (L&T), The company changed its name to L&T Infotech on 1 April 1997. In December 2006, L&T Infotech acquired GDA Technologies (a privately held electronic design firm based in California , USA ) and all of its design centers in USA and India Location of Offices.

L&T Infotech has its presence across the following region. India : Mumbai (Powai), Navi Mumbai (Vashi, Airoli, Mahape), Pune

(Shivaji nagar, Hinjewadi), Bangalore/Bengaluru (Whitefield), Mysore (Hebbal), Chennai (Manapakkam), Hyderabad(Hitech City)

USA.

Canada.

Europe : United Kingdom, Germany, Denmark, France, Sweden, Norway, Finland.

Asia Pacific : Japan, Singapore, Korea

South Africa.

Middle East : Kuwait, United Arab Emirates, Saudi Arabia, Qatar, Oman.

Australia & New Zealand.

Milestones: GDA Technologies Inc.: L&T InfoTech acquired GDA Technologies Inc., a

leading Electronic Design Services (EDS) and silicon intellectual property (SIP) solution provider for the Embedded, Networking, and Consumer Electronics Market, in December 2006.

Captive technology center of Citigroup Fund Services Canada Inc.: In January 2011, L&T InfoTech acquired the captive technology center of Citigroup Fund Services Canada Inc.

Information Technology Industry:The Indian software and computer services industry has experienced explosive growth in recent years. Despite growth rates falling to an estimated 26% in 2002/3 (from an average of about 50% per annum previously), it remains one of the fastest growing sectors of the Indian economy, employing over 650,000 people in March 2003. The annual growth rate of India’s software exports has been consistently over 50 % since 1991 India’s contribution to the Global IT Products Market is a meager 0.2 % of $180 billion. IT Products contribute just 4% of the $7.7 Billion Software Industry Exports. Many Indian companies like I-Flex, TCS, Infosys, ICICI InfoTech, Ramco Systems, and Polaris etc are trying their best to increase their portfolio of IT Products. The main challenge these companies are facing, is to increase the Market Share in the products market. Indian Software Industry accounted for about 2% of India’s GDP in FY02. In FY01, its share was 1.5% of the global market ($387 billion).In FY02, the size of the industry was Rs 485 billion of which exports accounted for 76% and domestic software 24%. India exports software to 102 countries.

The domestic IT market is small and is driven by big corporate companies. NASSCOM estimates the total domestic market for software and services to be

US$2.55 billion. Growth in the domestic market fell from 18% in 2001-2 to an estimated 13% in 2002-3, largely due to a slowdown in spending by manufacturing and banking sectors. Dataquest, on the other hand, has reported that domestic IT spending actually fell, by 17% in 2002-3, but predicts a return to growth in 2003-4.

Segmentation of Software Products: The various software products can be segmented into the following categories:

• Banking & Financial Software

• Enterprise Resource Planning (ERP)

• Customer Relationship Management (CRM)

• Supply Chain Management (SCM)

• Embedded Software

• Telecom Software

• Consumer Software Segment

Market Drivers The need for improved customer service and high global adoption shall drive the Indian CRM market. This will depend on the quality of their customer interactions to retain existing customers and win new ones.

The high cost of implementation and low awareness of the accruing benefits is going to prove a major deterrent.

Indian Software Industry 1995-2000

Future outlook The government and the banking finance services and insurance (BFSI) sector drove growth in 2002-03. The year ahead is likely to see the emergence of niche players with domain expertise. As in the year gone by, increasing demand for products from verticals such as BFSI will be a major driver for the development of software products.

Strategies of the company:

L&T InfoTech’s strategic move signifies leadership through service and to become India's most respected IT Services Company. L&T InfoTech is committed to providing products and solutions that are of International quality standards, backed by full life cycle support to achieve greater efficiency and cost savings to its customers. It has Long-standing relationships with world leaders in technology for IT Infrastructure and Software Solutions.

Human Resources:

Our deeply committed people are our most important asset. Our teams combine diverse capabilities and profile that range from domain experts to technologists and solution architects. They are united by an unwavering integrity and a strong sense of commitment to our clients. Our people have earned spontaneous appreciation time and again for going that extra mile.

We are committed to maintaining a professional, value-driven, work environment where every employee feels fulfilled and respected. We have adopted a multi-pronged approach to competency development and retention that allows us to attract, retain and build the best talent.

L&T Heritage:Our parent company is Larsen & Toubro Limited. (L&T), a technology, engineering, manufacturing and construction conglomerate, with global operations. This rich corporate heritage has given us many inherent advantages that we translate into tangible benefits for our clients.

QUICK FACTS: Over US$ 14 billion revenue 7 decade history in India as premier engineering company and major infrastructure builder Plant and equipment marketed to industries in over 30 countries Manufacturing facilities in India, China, the Gulf Supply chain extends across 5 continents Over 50,000 people, based in plant and offices worldwide

Management team:

NAME DESIGNATION

A M Naik L&T: Chairman & Managing Director L&T Infotech: Chairman

Y M Deosthalee: Chairman & Managing Director, L&T Infotech: Director

V. K. MagapuWhole-time Director & President (IT, Engineering Services and Corporate Initiatives), L&T Infotech: Director

Keshab PandaL&T Technology Services: Chief Executive, L&T Infotech: Member of the Board

M. M. Chitale L&T: Independent Director, L&T Infotech

L&T Alliances:Our alliances allow us to offer best-in-breed solutions to our clients.

Microsoft Gold Certified Partner System Integration Partner

Global Services Partner Powered-By-NetWeaver PartnerAMS Partner Value Added Reseller for EC&O verticalPartner for 'Safe Passage' SAP Certified Integration PartnerEnlisted for participation in International Offshore Partner Program

Worldwide Oracle Platinum Partner: Oracle JD Edwards EnterpriseOne & JD Edwards WorldSoft Oracle E-Business Suite Oracle PeopleSoft Enterprise Oracle Siebel CRM Oracle Performance Management Applications Business Intelligence Applications

Oracle Accelerate Program Partner

Referral Partner for two products ScrumWorks Pro Collabnet Team Forge

Service Offerings: Training Consulting Scrum Training

FINANCIALS:

(Source: www.lntinfotech.com)

(Source: www.lntinfotech.com)