L&T Technology Services Bags $80 Mn Deal with US-Based Industrial Products Seller

Mumbai: L&T Technology Services Limited (LTTS), a leading global engineering and technology services firm, has secured a multi-year deal worth $80 million with a US-based manufacturer of industrial products and solutions.

As part of the strategic partnership, LTTS will set up a dedicated Center of Excellence (CoE) in India focusing on digital products and services and data management. This move aims to accelerate the client's digital transformation by integrating advanced technologies such as connected products and the digital thread, paving the way for greater innovation at scale.

The deal is part of L&T's Sustainability segment and will enable the client to focus on digital transformation and comprehensive product lifecycle management (PLM). The CoE will also act as a hub for global innovation, supporting the client's transformation journey and expanding their footprint in new age and digital technologies that are redefining industries worldwide.

According to Amit Chadha, CEO & Managing Director of L&T Technology Services and Nasscom Executive Council Member, "By combining AI-powered insights, digitally connected solutions, business-driven automation, and our deep engineering expertise, we aim to enable the client to bring high-quality products to market faster, ultimately delivering greater value to their customers."