L&T Technology Services Limited (LTTS), a global player in AI, digital, and engineering R&D consulting, has announced a significant breakthrough in its sustainability practice with a multi-year $100 million agreement. The deal has been signed with a leading US-based industrial equipment manufacturer that operates in the semiconductor value chain.
As part of the engagement, LTTS will provide end-to-end support covering new product development, sustenance engineering, value engineering, and platform automation. The collaboration will lean on LTTS’ strengths in artificial intelligence, computer vision, and next-generation automation to help the client speed up innovation and drive efficiency.
The agreement also includes the establishment of a dedicated Center of Excellence (CoE), aimed at simplifying platforms, enhancing application engineering, and helping the client transition towards a more digital and AI-enabled future.
Amit Chadha, CEO & Managing Director, L&T Technology Services, stated, “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. By harnessing our capabilities in AI, automation, and product engineering, we are empowering our client to further expand their market share and stay ahead of the curve.”