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The Philatelist

The issued stamp, shown actual size

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  • Commemorative Stamp
  • 12 June 2008

Henning Holck-Larsen

Henning Holck-Larsen, co-founder of Larsen & Toubro.

Date of issue June 12, 2008
Denomination Rs. 5
Quantity printed 2400000
Printer India Security Press, Nasik
Perforation 13
Watermark No Watermark
Colours Multicolor
Printing process Photogravure
Credit Sh. Sankha Samanta
Catalogue codes Michel IN 2275 Stamp Number IN 2244 Yvert et Tellier IN 2040 Stanley Gibbons IN 2481 WADP Numbering System - WNS IN019.2008

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About this stamp

Henning Holck-Larsen, founding partner of Larsen & Toubro (L&T), was one of the pioneers of India’s engineering and industrial sector. Born on 4 July 1907 in Copenhagen, Denmark, he combined technical excellence, entrepreneurial vision, and cultural sensitivity to help build one of India’s foremost industrial enterprises.

Early Life and Education

Holck-Larsen received his early education at Jesuit primary and secondary schools and graduated from the Metropolitanskolen (Copenhagen High School) in 1925. He went on to earn a Master’s degree in Chemical Engineering from the University of Copenhagen in 1930.

He began his professional career with FLSmidth & Co., a global leader in cement technology. In 1935, he was deputed to India to assess cement manufacturing groups that later formed the Associated Cement Companies (ACC).

Founding of Larsen & Toubro

The year 1938 marked a turning point in his life. Along with his former schoolmate Søren Kristian Toubro, he founded Larsen & Toubro in Mumbai. What began as a modest partnership firm importing machinery soon evolved into one of India’s leading industrial organizations.

Under Holck-Larsen’s visionary leadership, L&T became a private limited company in 1946 and a public limited company in 1950. The company expanded into heavy engineering, construction, food processing, and advanced manufacturing, supported by a strong research and development base.

His foresight in aligning the company’s growth with India’s national priorities positioned L&T as a key partner in strategic sectors such as space research, the nuclear power programme, defence, and the Green and White Revolutions.

Beyond Business

Holck-Larsen’s interests extended far beyond industry. A well-read individual and a patron of art and music, he promoted environmental consciousness long before it became a global movement. The Powai factories of L&T were designed in a garden-like setting, reflecting his appreciation for beauty and sustainability.

He also played an active role in fostering international relations, particularly between India and Denmark. In 1972, the Danish Government appointed him Consul General for Denmark in Mumbai in recognition of his efforts to strengthen bilateral ties.

Honours and Recognitions

His distinguished career earned him numerous accolades:

  • Felicitation by the National Association of Danish Enterprise (1968)
  • Ramon Magsaysay Award for International Understanding (1976)
  • Knighthood and the Order of the Knight Commander of Dannebrog conferred by Margrethe II (1977)
  • Sir Jehangir Ghandy Medal for Industrial Peace (1980)
  • Felicitations by the Bombay Chamber of Commerce and Industry and the Confederation of Indian Industry (1999–2000)
  • Chemical Industry Stalwart Award by Chemtech Foundation
  • Padma Bhushan (2002), conferred by the Government of India

His contribution to the arts was also recognized by the National Gallery of Modern Art.

Legacy

Henning Holck-Larsen passed away on 27 July 2003, leaving behind a legacy of industrial excellence and ethical leadership. As a visionary entrepreneur, institution-builder, and bridge between nations, he played a defining role in shaping India’s modern engineering landscape.

Commemorative Postage Stamp

The Department of Posts proudly releases a commemorative postage stamp in honour of Henning Holck-Larsen, celebrating his pioneering contribution to India’s engineering industry and his enduring legacy of innovation and international goodwill.

For More Information

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