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'My whole life has been L&T and nothing else': A.M. Naik
ANIL MANIBHAI NAIK, 81, the long-serving boss of Larsen & Toubro stepped down as non-executive chairman on October 1.
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He spent close to six decades at the engineering and construction company, overseeing its growth and expansion to a global giant. In an exclusive interview, Naik talks about his life at L&T, succession and his philanthropic works.
Edited excerpts:
Q/ You were with L&T since 1965. Is there some emotional sadness about stepping down?
A/ Though on paper I have spent around 60 years, in the hours that I have spent―15 hours a day, seven days a week, and not taking a leave―I am about 120 years.
Jignesh naik son of am naikBut in one lifetime, L&T grew 92 per cent; what I inherited was only 8 per cent. In 25 years, I created a new L&T.
I am not sad at all. I am a very happy man. My father told me not to take anything from anybody, because that is a liability.
But if you give, it is a pleasure. So, at thi