L&T Technology Services (LTTS) has secured a multi-year $80 million contract with a US-based industrial products manufacturer to drive digital transformation.
The agreement focuses on connected products, digital thread integration, and expanding the client’s innovation capabilities.
As part of the deal, LTTS will establish a centre of excellence (CoE) in India. The CoE will serve as a global innovation hub and support clients’ digital transformation and product lifecycle management (PLM) efforts.
The initiative aims to strengthen the client’s global presence in emerging digital technologies.
“By combining AI-powered insights, digitally connected solutions, business-driven automation, and deep engineering expertise, we aim to enable the client to bring high-quality products to market faster,” said Amit Chadha, CEO and MD of LTTS.
LTTS, a listed subsidiary of L&T, provides engineering and technology services, including design, development, testing, and sustenance across products and processes.
Recently, L&T also announced it will construct Uzbekistan’s first AI-enabled and sustainable 10-megawatt data centre in Tashkent.
The project aims to improve the data infrastructure in the region with advanced technology and energy-efficient solutions. It is most likely an order valued between ₹1,000 crore and ₹2,500 crore.
The company also made big headlines recently when its chairman, SN Subrahmanyan, popularly known as SNS, broke the internet with his viral video, in which he was seen asking employees to work 90 hours a week, including on Sundays. Notably, this move could only contribute to the company’s attrition rate and staff shortage issues.
Moreover, last year, Infosys co-founder Narayana Murthy also kicked up a storm with his “70-hour work week” remark. Commenting on development and nation-building, Murthy said, “India’s work productivity is one of the lowest in the world…My request is that our youngsters must say, ‘This is my country. I’d like to work 70 hours a week’.”
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