Bengaluru: L&T Technology Services (BSE: 540115, NSE: LTTS), a global leader in Engineering Research & Development (ER&D), AI, and digital consulting, announced the signing of a $100 million multi-year contract with a US-based industrial equipment manufacturer serving the semiconductor value chain.
The agreement marks a significant milestone in LTTS Sustainability segment, reinforcing its leadership in driving AI-enabled transformation and automation across industries.
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LTTS Sustainability Segment to Drive AI and Automation in Engineering
Under the strategic partnership, LTTS will support the client across new product development, sustenance engineering, value engineering, and platform automation, deploying advanced expertise in artificial intelligence, computer vision, and next-generation automation.
As part of the engagement, LTTS will establish a Center of Excellence (CoE) dedicated to accelerating innovation, simplifying platforms, enabling application engineering, and advancing the client’s transition to a more digital and AI-led future.
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LTTS AI-Led Innovation Strategy
Commenting on the partnership, Amit Chadha, CEO & Managing Director of L&T Technology Services, said: “We deeply value the trust and confidence our client has placed in us and are committed to strengthening this relationship as we advance with this transformational program.
This engagement underscores LTTS’ expertise in leveraging AI-driven innovation to solve complex engineering challenges in high-growth industries. By harnessing our capabilities in AI, automation, and product engineering, we are enabling our client to expand market share and stay ahead of the curve.”
This agreement highlights LTTS Sustainability segment as a growth driver, positioning the company at the forefront of AI-powered engineering and operations transformation.
