L&T Technology Services Limited (LTTS) has signed a multi-year agreement worth USD 100 million with a United States-based industrial equipment manufacturer operating in the semiconductor value chain. The programme is positioned within LTTS’ Sustainability segment and will cover product engineering and operational initiatives over multiple years.
The agreement includes support for new product development, sustenance engineering, value engineering, and platform automation. LTTS will also establish a Centre of Excellence to accelerate innovation, application engineering, platform simplification, and the transition towards digital and AI-enabled systems.
“We deeply value the trust and confidence our client has placed in us and are committed to further strengthening this relationship as we move ahead with this transformational program. This engagement underscores LTTS’ expertise in leveraging AI-driven innovation to address complex engineering challenges in high-growth industries,” said Amit Chadha, CEO and Managing Director of L&T Technology Services.
L&T Technology Services is a listed subsidiary of Larsen & Toubro, providing design, development, testing, and sustenance services across products and processes. The company operates in segments such as mobility, sustainability and technology, serving 69 Fortune 500 companies and 57 top ER&D firms across industrial products, medical devices, transportation, telecom and hi-tech, and process industries. As of 30 June 2025, LTTS employed over 23,600 people across 23 global design centres, 30 sales offices, and 105 innovation labs.
