HomeNewsBusinessFinding it difficult to mobilise labour, attrition rising 4x, says L&T chairman SN Subrahmanyan

Finding it difficult to mobilise labour, attrition rising 4x, says L&T chairman SN Subrahmanyan

Subrahmanyan explained that L&T requires around 4 lakh workers, but due to high attrition the company ends up employing 16 lakh people annually

February 11, 2025 / 18:47 IST
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Finding it difficult to mobilise labour amid availability of welfare schemes: L&T chairman SN Subrahmanyan
Finding it difficult to mobilise labour amid availability of welfare schemes: L&T chairman SN Subrahmanyan

Larsen & Toubro’s Chairman and Managing Director SN Subrahmanyan said on February 11 that the engineering major is finding it difficult to mobilise labour partly due to the benefits provided by various welfare schemes.

Speaking at the CII Mystic South Global Linkages Summit in Chennai, Subrahmanyan said that despite the crucial role that construction plays in national development, the industry is struggling amid lack of available workforce.

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He highlighted that while migration continues to be a concern in many parts of the world, India faces a problem where many labourers are unwilling to move for work.

Subrahmanyan explained that L&T requires around 4 lakh workers, but due to high attrition the company ends up employing 16 lakh people annually.