Latest news with #AlindSaxena
Economic Times
6 days ago
- Business
- Economic Times
LTTS bags deal to set up offshore development centre for US firm Tennant
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 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 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.'
Time of India
6 days ago
- Business
- Time of India
LTTS partners with Tennant Company for advance sustainable cleaning technologies
L&T Technology Services (LTTS) and Tennant Company have announced a strategic agreement aimed at accelerating sustainable new product development in the industrial cleaning sector . As part of this collaboration, LTTS will establish a dedicated Offshore Development Center (ODC) in India to support Tennant's innovation efforts. The engineering center will focus on product lifecycle management, IoT integration, and digital automation, enhancing Tennant's ability to develop advanced cleaning solutions. LTTS' expertise in embedded systems and energy-efficient design will play a key role in optimizing Tennant's product portfolio. LTTS has positioned this initiative as part of its broader sustainability vision, reinforcing its commitment to eco-friendly and efficient engineering solutions that drive cost-effectiveness and environmental responsibility. With a highly skilled team dedicated to Tennant's product innovation, LTTS aims to integrate smart automation into Tennant's industrial cleaning technologies. The partnership is expected to expand Tennant's presence in emerging markets, particularly in the Asia-Pacific region. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 28 Amazing Benefits Of Apple Cider Vinegar (That Will Amaze You!) Undo Alind Saxena, executive director & president - Mobility & Tech at LTTS, emphasized the significance of the agreement, stating: 'As Tennant continues to redefine industrial cleaning through innovation and sustainability, LTTS is proud to collaborate on next-generation solutions. Our expertise in engineering design and supply chain optimization will drive intelligent, responsible product development.' AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
6 days ago
- Business
- Time of India
LTTS bags deal to set up offshore development centre for US firm Tennant
L&T Technology Services (LTTS) has partnered with Tennant Company to develop sustainable cleaning products, establishing an engineering center in India. This collaboration will focus on integrating automation, IoT, and digital features into Tennant's equipment. The partnership aims to drive innovation, expand into emerging markets, and contribute to a greener future. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads 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 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 details and tenure of the deal were not 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 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 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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Business Standard
6 days ago
- Business
- Business Standard
LTTS signs deal with US-based Tennant to develop industrial cleaning tech
L&T Technology Services (LTTS) has signed a strategic agreement with US-based Tennant Company for developing industrial cleaning technologies, said the subsidiary of Larsen & Toubro on Wednesday. LTTS will set up a dedicated offshore development centre (ODC) with a scalable engineering team to support Tennant's efforts in new product development, product life cycle management, and key business functions. Tennant Company, which is listed on the New York Stock Exchange, provides sustainable cleaning solutions. The two companies will 'accelerate' the development of industrial cleaning technologies, using LTTS' expertise in embedded systems, Internet of Things and digital engineering, said a statement. 'As Tennant continues to redefine industrial cleaning through innovation and a strong commitment to a greener future, LTTS is proud to collaborate in advancing next-generation solutions in its sustainability segment,' said Alind Saxena, executive director & president - mobility & tech at LTTS. 'By leveraging our expertise in engineering design, manufacturing, and supply chain optimisation, we are committed to enabling intelligent, responsible products, enhancing efficiencies, and supporting Tennant's growth in emerging technologies to build a sustainable and responsible tomorrow,' he said. Using a dedicated team of engineers, the development centre will work to improve Tennant's product innovation, optimise performance, and integrate smart automation in its industrial cleaning portfolio. The collaboration also sets the stage for broader innovation in emerging markets, particularly in Asia Pacific. 'Working with LTTS enables us to harness world-class engineering capabilities and accelerate our product roadmap. Reinforcing a shared commitment to pioneering transformative solutions, the dedicated ODC will play a crucial role in driving new innovations that align with our mission to create a cleaner, safer, and healthier world,' said Pat Schottler, chief marketing & technology officer of Tennant Company.
Business Standard
6 days ago
- Business
- Business Standard
L&T Technology Services inks pact with Tennant for sustainable product development
L&T Technology Services announced that it has signed a strategic agreement with Tennant Company, a global leader in industrial cleaning equipment, to accelerate the development of sustainable new products. As part of the collaboration, LTTS will establish a dedicated Offshore Development Center (ODC), equipped with a scalable engineering team to support Tennants initiatives in New Product Development (NPD), Product Lifecycle Management (PLM), and other core business functions. This strategic work between the two companies aims to accelerate the development of cutting-edge industrial cleaning technologies, leveraging LTTS' deep expertise in embedded systems, expertise in IoT (Internet of Things), and digital engineering to drive efficiency and sustainability. It also reflects LTTS' broader commitment to advancing its sustainability vision by fostering eco-friendly and energy-efficient engineering solutions that contribute to a greener future. The partnership aims to fast-track the development of cutting-edge industrial cleaning technologies, leveraging LTTSs strengths in embedded systems, IoT, and digital engineering to enhance efficiency and sustainability. It also aligns with LTTSs broader vision of promoting eco-friendly and energy-efficient engineering solutions, contributing to a greener future. The ODC will house a team of highly skilled engineers focused on enhancing Tennants product innovation, boosting operational performance, and integrating smart automation into its product lineup. The collaboration is expected to open new avenues for innovation in emerging markets, particularly in the Asia-Pacific region. Alind Saxena, executive director & president of mobility & tech at L&T Technology Services, stated, "As Tennant continues to redefine industrial cleaning through innovation and a strong commitment to a greener future, LTTS is proud to collaborate in advancing next-generation solutions in its Sustainability segment. By leveraging our expertise in engineering design, manufacturing, and supply chain optimization, we are committed to enabling intelligent, responsible products, enhancing efficiencies, and supporting Tennant's growth in emerging technologies to build a sustainable and responsible tomorrow." Pat Schottler, chief marketing & technology officer for Tennant Company, said, Working with LTTS enables us to harness world-class engineering capabilities and accelerate our product roadmap. Reinforcing a shared commitment to pioneering transformative solutions, the dedicated ODC will play a crucial role in driving new innovations that align with our mission to create a cleaner, safer, and healthier world. L&T Technology Services (LTTS) is a global leader in engineering and technology services. As a listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and maintenance services across products and processes. The company's consolidated net profit declined 8.7% to Rs 311.10 crore on a 17.5% rise in net sales to Rs 2,982.40 crore in Q4 FY25 over Q4 FY24. Shares of L&T Technology Services (LTTS) rose 0.48% to Rs 4,340.05 on the BSE.
