People: Larsen & Toubro Ltd (LART.BO)
Mr. Madhukar Vinayak Kotwal is President - Heavy Engineering of Larsen and Toubro Limited. He is a B.E. Mechanical Engineer from the 1968 batch of S. P. College of Engineering, University of Mumbai. On graduation, he joined L&T's Powai Works, Mumbai, as a junior engineer. As a member of the Board of L&T & Senior Executive Vice President heading the Heavy Engineering Division, Mr. Kotwal handles operations of different Strategic Business Units dealing with domestic as well as international businesses covering equipment and systems for refineries, fertiliser and chemical process plants, power plants (including nuclear power), and defence and aerospace. Workshops and facilities located at Powai, Hazira, Baroda and Vizag are also managed by him. Mr. Kotwal has been associated with several apex bodies. He is the co-Chairman of the Confederation of Indian Industry's National committee on Defence and is a member of the Vijay Kelkar Committee responsible for advising the Government of India on restructuring defence production in the country. He is also the Chairman of Process Plant & Machinery Association of India.
|Total Annual Compensation, INR||753,000,000|
|Restricted Stock Awards, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||172,000,000|
|Fiscal Year Total, INR||925,000,000|