L&T Valves to Remain in L&T Fold
Mumbai, India: "L & T Valves is a wholly owned subsidiary of L&T and will remain a core business", said Mr NV Venkatasubramanian, CE & Director, L & T Valves, in a communication sent to all their customers, vendors and stake holders, dispelling rumours on divestment of the valves business by L & T. The letter reassures that "The management is fully committed to the growth of the company and will continue to provide world-class ser vice to all customers and stakeholders."

Last year, L & T Valves had inducted Mr Gino Loggia as head of international sales to strengthen the international marketing network. Gino has over three decades' experience in international valve marketing, and is based at Sharjah. To quote Mr Venkat, "Accelerated growth in the international market is vital to the continued success of L & T Valves. I am sure Gino will spearhead expansion into new geographies and segments and achie ve the targeted growth."

L & T Valves has launched several value-added products such as HIPPS (High Integrity Pressure Protection System), Ultra High Pressure Valves in C12A and F91 as well as Metal-seated and Topentry Ball Valves. The company is very excited about the future, and has rolled out many initiatives, some of which are industry-first for valves, to reduce cost, enhance reliability and serve customers better. "The new Vision of L & T Valves is to be the most trusted valve company in the world that delivers Valves that Add Value", concluded Mr Venkat.