“He (Siddhartha) is emotional about it and as one would know we are emotional owners of L&T in that sense and we looked at it after some 3-4 round of meeting in the same manner,” Subrahmanyan added.The deal makes a lot of strategic sense for L&T. Its software unit, L&T Infotech, is predominantly into banking, oil and gas, and insurance fields while Mindtree is into consumer packaged goods (CPG), retail, hospitality, travel and the technology space.
“It was a meeting of minds, one could say that,” said Subrahmanyan.
“What we are trying to do is with, if I can use the word ‘pyaar’ and we will continue to look at it as something which we are doing from a 'dil'. We would like an intent to take it forward in the same manner and purpose,” he said.