L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leader in AI, digital engineering, and ER&D consulting, has announced the signing of a $100 million multi-year program with a leading US-based industrial equipment manufacturer in the semiconductor value chain. This milestone marks a significant expansion of LTTS’ Sustainability segment, reinforcing its commitment to innovation, automation, and AI-driven transformation.
Under the agreement, LTTS will spearhead initiatives in new product development, sustenance and value engineering, and platform automation, leveraging advanced expertise in AI, computer vision, and next-gen automation technologies. A dedicated Center of Excellence (CoE) will also be established to accelerate innovation, streamline platforms, enhance application engineering, and drive digital-first and AI-enabled operational efficiencies for the client.
Commenting on the strategic win, Amit Chadha, CEO & Managing Director of LTTS, said:
“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.”
With a strong track record of supporting global enterprises, LTTS has positioned itself as a partner of choice for companies aiming to enhance efficiency, accelerate sustainability, and adopt AI-powered engineering solutions.
Headquartered in India, LTTS serves 69 Fortune 500 companies and 57 top ER&D firms across diverse sectors including industrial products, medical devices, transportation, telecom & hi-tech, and process industries. Backed by more than 23,600 employees, 23 global design centers, 30 sales offices, and 105 innovation labs, LTTS continues to drive purposeful, agile, and innovation-led growth across its Mobility, Sustainability, and Technology segments.