L&T order book on rail projects at Rs 1,700 cr

The railway business unit of Larson & Toubro Ltd, with an order book of Rs 1,700 crore, is looking at various upcoming projects for growth, according to a senior official from the company. "With the growth in the railway sector, we are expecting this to grow considerably in 2012-13," said K V Rangaswami, advisor to chairman, L&T Ltd.