L&T Technology Services Limited (LTTS) has announced a significant multiyear contract worth $80 million with a leading US-based manufacturer of industrial products and solutions.
The partnership marks a pivotal step in the client’s digital transformation journey, integrating advanced technologies such as connected products and the digital thread to drive innovation at scale.
Establishing a Center of Excellence in India
As part of the deal, LTTS will set up a dedicated Center of Excellence (CoE) in India.
This CoE will function as a global innovation hub, supporting the client’s digital transformation efforts and enhancing product lifecycle management (PLM).
The initiative will help the client manage and accelerate their transformation. It will also contribute to expanding their global presence. This is particularly true in the emerging digital technologies that are reshaping industries worldwide.
Driving Innovation with a Purposeful, Agile Strategy
Leveraging its deep engineering expertise, LTTS will apply its ‘Go Deeper to Scale Strategy’ to drive innovation for the client.
By adhering to its core principles of Purposeful, Agile, and Innovation, LTTS aims to provide scalable solutions. These solutions will help the client maintain a leadership position in a rapidly evolving market.
Enhancing Speed to Market and Customer Value
Amit Chadha, CEO & Managing Director of L&T Technology Services mentioned, “This partnership highlights LTTS’ capability to drive end-to-end digital transformation, using AI-powered insights, connected solutions, and automation. Our goal is to help the client deliver high-quality products faster, thus creating greater value for their customers”.
As per the press release, LTTS combines expertise in engineering and digital technologies. The company is committed to enabling the client to remain competitive. This will help deliver enhanced value in the dynamic industrial sector.
