November 21, 2008

Postage stamp releases in honor of Mr Henning Holck Larsen

A postage stamp in honor of Mr Henning Holck Larsen co founder of Larsen & Toubro Limited has released by department of posts. The INR 5 denominated stamp was released by Mr A Raja union minister for communication & information technology.

The stamp release commemorates the birth centenary of Mr Holck Larsen and acknowledges the immense contribution made by him and L&T in building world class engineering competencies in India. Starting from a one room operation in Mumbai in 1938, L&T has over the last 7 decades grown into a USD 7 billion conglomerate, which has set bench marks in executing engineering and construction projects in India and overseas.

Under the stewardship of Mr Holck Larsen and his successors, L&T has always dedicated itself towards building a strong India. It has been a part of some of India’s critical programs of strategic importance like nuclear power and space research.

Mr Raja recalled the contribution made by Mr Holck Larsen in helping to build a company that has become a benchmark of engineering excellence. He said that "Mr Holck Larsen is an inspirational figure in India’s corporate history. Men like him have played a pivotal role in the making of modern India. We are privileged to recognize his contribution by releasing a postage stamp in his honor."

Mr Holck Larsen, a padma bhusan winner, joins the eminent list of industry leaders like Mr JRD Tata and Mr Dhirbhai Ambani, who have been similarly recognized by the department of posts by issuing a postage stamp in their honor.