L&T Technology Services (LTTS) has signed Memorandum of Understanding (MoU) with PS Technology (PST) around Mobility aimed at bringing cutting-edge simulation technology to the railways market in India and adjacent geographies. The MoU will also focus on the design, development and supply of advanced AI-based simulation technologies, poised to significantly enhance the operational efficiency and safety of rail infrastructure in India and overseas.
As part of the agreement framework, LTTS and PST have established their first Customer Experience and R&D Center (CXC) in Faridabad near New Delhi. This CXC will leverage new technologies around the design and supply of simulators, setting new standards in the railroad sector in India. The center aims to provide unparalleled support and innovation, driving advancements in simulation and training capabilities for the Indian Railways.
The collaboration between PST and LTTS will enhance safety and provide real-time insights for modern-day transportation. This new center will simulate real-time data collection, proactive decision making, and improved resource management, establishing superior standards in rail simulation, immersive learning, training, and crew management. By leveraging AI & augmented reality technologies, the center aims to make rail transportation safer, more secure, and faster.
L&T Technology Services is a listed subsidiary of Larsen & Toubro focused on Engineering and R&D (ER&D) services.
| Company Name | CMP |
|---|---|
| TCS | 2315.15 |
| Infosys | 1142.50 |
| HCL Technologies | 1333.10 |
| Wipro | 181.65 |
| Tech Mahindra | 1610.50 |
| View more.. | |
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