New Delhi, Oct. 21 -- Larsen & Toubro Ltd, India's largest infrastructure company, has introduced a new organizational structure tasked with sustaining annual growth of 12-15% as the engineering giant's revenue approaches Rs.3 trillion, according to Anil Parab, whole-time director and senior executive vice-president (manufacturing).

The company has set up five divisional boards-infrastructure, energy (hydrocarbon), utilities and metals, renewables, and hi-tech manufacturing-to oversee its business divisions and provide strategic guidance. Each board has six to seven members and operate horizontally across business verticals.

The boards will be responsible for making strategic decisions, keeping the organization future-ready, deploying a...