New Delhi, Aug. 18 -- India's biggest construction firm, Larsen & Toubro (L&T), is laying out a roadmap well in advance for successful leadership continuity, revealed the company chairman, S N Subrahmanyan.

In an interview with Moneycontrol, he emphasised the importance of long-term succession planning in a conglomerate of its scale.

"It's never too early, because you always need to think that anything can happen anytime," the chairman said, adding that a succession framework of the company is already in place.

"There is a succession in place today; there is a deputy managing director in place. But the long-term succession planning is also in place. The board and NRC (nomination and remuneration committee) are kept in confidence," he s...