Saudi Arabia | Mumbai, India : Aramco Digital, Aramco’s digital and technology subsidiary, and LTIMindtree, a global technology consulting and digital solutions company, have entered into a shareholders’ agreement to establish an IT services company in Saudi Arabia. This prospective company aims to demonstrate innovation through disruptive digital services and transformative industry 4.0 systems integration capabilities, aligning with the objectives of Saudi Vision 2030 by creating highly skilled job opportunities for Saudis in this sector.

This joint venture is being formed under the Aramco Namaat Industrial Investments Program. Sudhir Chaturvedi, President and Executive Board Member of LTIMindtree, expressed full alignment with Saudi Vision 2030 and satisfaction in being selected as the trusted partner for this venture. He highlighted the rapid adoption of new technologies in Saudi Arabia and the MENA region and pledged commitment to delivering technology-led growth. Collaborating with Aramco Digital, LTIMindtree intends to utilize its global capabilities and expertise to deliver digital transformation suitable for various sectors including giga projects, the government sector, high-growth industries, energy, manufacturing, and the financial services sector.

Nabil Al Nuaim, Aramco Senior Vice President of Digital and Information Technology and board member of Aramco Digital, described this partnership as a pivotal effort to leverage digital transformation, aiming to unlock unprecedented opportunities for innovation and sustainability in the region. The joint venture seeks to localize the vital IT services sector, create valuable jobs, and contribute to a brighter future in the Kingdom.

Aramco Digital CEO, Tareq Amin, expressed excitement about this collaboration, emphasizing its alignment with Aramco Digital’s solutions offerings, which address the high demand for customized and scalable solutions. Amin highlighted the potential of combining Aramco Digital’s business with LTIMindtree’s deep engineering capabilities and customer experience solutions to unlock tremendous value for the region. He underscored their joint commitment to supporting Vision 2030 and delivering world-class, sustainable value to customers and employees while contributing to the creation of local jobs and expertise with a competitive edge.


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