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LTTS bags deal to set up offshore development centre for US firm Tennant

LTTS bags deal to set up offshore development centre for US firm Tennant

Economic Times2 days ago

Mid-sized IT player L&T Technology Services (LTTS) has signed an agreement with US-based Tennant Company to help develop sustainable and innovative cleaning products. As part of this collaboration, LTTS will set up a dedicated engineering centre in India to support Tennant's new product development, lifecycle management, and other core operations, LTTS said on Wednesday.
Tennant, known globally for clean tech, will work with LTTS engineers to design smarter and more energy-efficient cleaning equipment. The new Offshore Development Centre (ODC) will focus on embedding automation, internet of things (IoT), and digital features into Tennant's industrial cleaning products. The move also helps both companies expand in emerging markets, particularly across Asia-Pacific.
Financial details and tenure of the deal were not disclosed.LTTS, the engineering arm of L&T Group, recorded its highest-ever deal bookings in the January-March 2025 quarter. 'In our view, FY26 will be a better year than FY25. We also reaffirm our medium-term outlook of USD 2 billion revenue,' chief executive and managing director Amit Chadha had said in April.The announcement comes a day after leading Indian IT companies—Tata Consultancy Services, Wipro and Tech Mahindra also announced multi-year deals in both traditional Anglophone markets of the US and the UK and continental Europe.
This comes despite the recent circumspect global commentary over demand and slowing organic revenue growth.
'With this partnership, we're combining world-class engineering with sustainability,' said Alind Saxena, Executive Director at LTTS. 'Our goal is to create responsible and intelligent products that contribute to a greener future.'Tennant's Chief Marketing & Technology Officer Pat Schottler added, 'The ODC with LTTS will help us accelerate innovation and support our mission of making the world cleaner, safer, and healthier.'

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