L&T Technology Services Limited (LTTS) has signed a multiyear, $80 million agreement with a U.S.-based manufacturer of industrial products and solutions. The contract involves establishing a Center of Excellence (CoE) in India to support the client’s digital transformation and product lifecycle management initiatives.
Under the agreement, LTTS will integrate advanced digital technologies, including connected products and digital thread solutions. The CoE will function as an innovation hub focused on supporting the client’s expansion in digital engineering.
Amit Chadha, CEO & Managing Director of LTTS, stated that the initiative aims to enhance product development efficiency by incorporating AI-driven insights, automation, and digital connectivity.
LTTS, a subsidiary of Larsen & Toubro, provides engineering and technology services across various industries. As of December 31, 2024, the company reported having over 23,460 employees, 22 global design centers, 30 sales offices, and 108 innovation labs worldwide.