New Delhi, Larsen & Toubro (L&T) is using Generative Artificial Intelligence to enhance its processes across the project life cycle, the company's Chairman and Managing Director S N Subramanian said on Thursday.

To fuel this innovation, the company has launched a collaborative platform connecting aspiring data scientists with domain experts and technology champions to develop cutting-edge, future-proof solutions, Subramanian said during the 79th Annual General Meeting.

“Generative Artificial Intelligence (GenAI) has emerged as a game-changer, and companies are leveraging its power to enhance their processes across the project life cycle – from tendering to contract management to design, execution and operations and Until maintenance." He said.

The company leverages a vast range of technologies across its various verticals. Adoption of leading technologies such as advanced sensors, embedded software and robotics is in progress.

He said the company has digitally connected more than 15,000 assets across its global projects and manufacturing bases to a central IoT (Internet of Things) platform. All these initiatives enable the company to make project execution faster, safer, cleaner, cost-effective and more sustainable.

Larsen & Toubro is a US$27 billion Indian multinational enterprise engaged in engineering procurement, construction (EPC) projects, high-tech manufacturing and services operating across multiple geographies.