Widely tipped to succeed L&T Chairman A M Naik, few were surprised when Ravi Uppal was elevated to the board earlier this week. That’s because though the new director is a rank outsider among his dyed-in-the-wool L&T peers, he is the boss’s blue-eyed boy. Industry insiders say Uppal has traits uncannily similar to Naik’s. For one, both of them prefer to talk in monosyllables. The protégé is also seen to be as aggressive as the chairman.
Uppal is known for his marketing skills, in his earlier job helping Swiss company ABB shed its MNC tag and bag orders from Indian power companies. “His skills of persuasion helped ABB grow in India and he replicated this success at L&T Power, which has started booking orders,” said an industry insider. Uppal's shopfloor experience in the manufacturing sector is what L&T needs, as power is slated to quickly become the infrastructure major’s fastest-growing segment.
An alumnus of two of the country’s premier institutions — he is a BTech from IIT-Delhi and has a management degree from IIM-Ahmedabad — Uppal’s first job was with state-owned power equipment manufacturer BHEL, which he joined in 1975. He worked under then Chairman
V Krishnamurthy as executive assistant, and received his first valuable lessons on how to get things done within a hierarchical organisation.
Later, he joined ABB predecessor Asea and served in various management positions. After that, he moved to auto, and was instrumental in establishing Volvo in India. He rejoined ABB and rose to head its India operations, and later South Asia. That was when he received the call from L&T.
If indeed he does take over the reins at L&T, however, insiders say his job won’t be easy. “After working with an MNC like ABB, he will have to adapt to the bureaucracy of an Indian company,” said a top executive with an infrastructure company. He would also have to find virtually a whole new board, as several directors are set to retire in the next few years.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
