Latest news with #L&TTechnologyServicesLimited
Time of India
6 hours ago
- Business
- Time of India
L&T Technology Services secures over USD 50 mn deal with global energy major
L&T Technology Services Limited (LTTS) on Wednesday said it has secured an exclusive five-year agreement of over USD 50 million by a major global energy company . As part of the deal, LTTS will serve as enterprise rata and digital services provider across the client's international affiliates, according to a company statement. "By combining our proven track record in plant engineering with state-of-the-art new age technologies, we will support the client in their digital transformation while enhancing overall operational excellence. Together, we are building a resilient, technology-driven roadmap for the energy industry," LTTS MD and CEO Amit Chadha said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo LTTS, a subsidiary of Larsen & Toubro, offers design, development, testing, and sustenance services across products and processes.
Business Upturn
8 hours ago
- Business
- Business Upturn
L&T Technology Services secures $50 million deal in sustainability segment from global energy major
L&T Technology Services Limited (BSE: 540115, NSE: LTTS) has signed a five-year agreement worth over USD 50 million with a major global energy company. The deal positions LTTS as the exclusive global engineering partner for Enterprise Data and Digital Services within the client's sustainability operations. The agreement expands on a working relationship that has existed between the two companies for more than a decade. Under this new framework, LTTS will provide enterprise data and digital services to the client's affiliates worldwide. LTTS, with more than 20 years of experience in engineering, manufacturing services, digital transformation, and enterprise data management, will support the client's digital initiatives using its global delivery model. The company is expected to manage and execute high-performance and quality-focused digital services through the duration of the agreement. Amit Chadha, CEO and Managing Director of L&T Technology Services, said, 'This large deal win in our Sustainability segment with a leading energy major has been possible due to LTTS' unique credentials which include enabling over 600 major plants across the globe. By combining our proven track record in plant engineering with state-of-the-art new age technologies, we will support the client in their digital transformation while enhancing overall operational excellence. Together, we are building a resilient, technology-driven roadmap for the energy industry' This development further strengthens LTTS's position in the energy and sustainability space, where digital transformation and data-driven solutions continue to be a strategic focus. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Associated Press
29-01-2025
- Business
- Associated Press
L&T Technology Services Secures $80 Million Digital Engineering Transformation Deal in Sustainability Segment
L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leader in engineering and technology services, announced that it has been awarded a multiyear, $80 million deal with a US-based manufacturer of industrial products and solutions. This strategic partnership will accelerate the client's digital transformation through the integration of advanced technologies, including connected products and the digital thread, paving the way for greater innovation at scale. This net new latest deal win in the Sustainability segment will see LTTS establish a dedicated Center of Excellence (CoE) in India, which will act as a global innovation hub enabling the client to focus on digital transformation and comprehensive product lifecycle management (PLM). This initiative is designed not only to support the client's transformation journey but also to enable the expansion of their global footprint, particularly in new age and digital technologies that are redefining industries worldwide. Leveraging its proven engineering expertise and its established 'Go Deeper to Scale Strategy', LTTS applied its principles of Purposeful. Agile. Innovation. to drive innovation at scale for the customer and enable them to remain at a leadership position in a dynamic market. Amit Chadha, CEO & Managing Director of L&T Technology Services and nasscom Executive Council Member, said, 'This engagement is a testament to LTTS' ability to drive sustainable end-to-end digital transformation for global leaders. 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.' About L&T Technology Services Ltd L&T Technology Services (LTTS) is a global leader in engineering and technology services. A listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and sustenance services across products and processes. Purposeful. Agile. Innovation. is how we drive growth across the Mobility, Sustainability, and Tech segments. Our customer base includes 69 Fortune 500 companies and 57 top ER&D companies across industrial products, medical devices, transportation, telecom & hi-tech, and process industries. Headquartered in India, we have over 23,460 employees across 22 global design centers, 30 global sales offices, and 108 innovation labs, as of December 31, 2024. Aniruddha Basu SOURCE: L&T Technology Services Limited Copyright Business Wire 2025. PUB: 01/29/2025 05:00 AM/DISC: 01/29/2025 05:00 AM
