L&T Technology Services Ltd (LTTS), a subsidiary of Larsen & Toubro, has announced a strategic partnership with thyssenkrupp Steering to establish a cutting-edge global software development center in Pune, India. The announcement was made through a press release dated June 30, 2025, filed with the stock exchanges under SEBI regulations.
The new Pune center will be developed and managed by LTTS on behalf of thyssenkrupp Steering, a global leader in steering systems. The partnership aims to accelerate the development of next-generation automotive software, with a strong focus on embedded systems, functional safety, cybersecurity, and intelligent steering solutions.
According to LTTS, the software hub will cater to both internal combustion engine (ICE) and electric vehicle (EV) markets and will play a pivotal role in advancing software-defined vehicle architectures. The collaboration is expected to strengthen thyssenkrupp’s global engineering expansion and align with its ambition to become the most trusted partner for steering solutions worldwide.
“This center will play a crucial role in driving innovation and delivering next-generation steering solutions to our global customers,” said Richard Hirschmann, SVP R&D at thyssenkrupp Steering. Patrick Vith, CEO of thyssenkrupp Steering, highlighted the venture’s strategic goal to foster innovation and operational excellence through global partnerships.
Amit Chadha, CEO & MD of LTTS, stated, “This collaboration strengthens our leadership in the Mobility space. With our experience across 250+ programs, 350 patents, and 45 labs, we continue to be the go-to innovation partner in future-ready mobility.”
The development center in Pune will support a broad spectrum of initiatives including advanced safety technologies, cognitive automotive systems, and steer-by-wire applications, aimed at supporting autonomous and connected vehicle platforms.
This strategic move further underscores LTTS’ continued focus on expanding its global footprint in the high-growth automotive engineering services space, adding to its robust clientele of top-tier mobility and industrial technology players.
Disclaimer: This news article is based on official company disclosures and press releases. Investors are advised to consult their financial advisors before making any investment decisions.