Key Highlights
- L and T Technology Services secures $100 million multi-year contract
- Partnership with US-based industrial equipment manufacturer in semiconductor value chain
- Focus on sustainability, AI-driven automation and product engineering transformation
- LTTS to set up a Center of Excellence (CoE) for innovation and platform simplification
L&T Technology Services Limited (LTTS), a global provider of AI, digital, and engineering R&D (ER&D) consulting services, has announced a $100 million multi-year agreement with a US-based industrial equipment manufacturer operating in the semiconductor value chain.
The deal strengthens LTTS’ Sustainability segment and focuses on driving innovation, automation, and AI-enabled transformation in product engineering and operations.
Under the agreement, LTTS will support the client in new product development, sustenance engineering, value engineering, and platform automation. The company will also establish a Center of Excellence (CoE) to accelerate innovation, simplify platforms, enhance application engineering, and enable a shift toward AI-driven digital operations.
Amit Chadha, CEO and Managing Director of L&T Technology Services, said, “We deeply value the trust and confidence our client has placed in us and are committed to further strengthening this relationship as we move ahead with this transformational program. This engagement underscores LTTS’ expertise in leveraging AI-driven innovation to address complex engineering challenges in high-growth industries.”