41.05 (1.23%) L&T Technology Services (LTTS) has signed a letter of intent with Thales, a global technology leader in the areas of defence and security, aeronautics and space, and digital identity and security, agreeing to work together to tackle climate change in their respective value chains.
LTTS will be supporting Thales in offering end-customer services and solutions spanning smart traffic management solutions across air, sea, and road to optimize their operations and carbon footprint, as well as implementing eco-design in its product development process. Additionally, LTTS will help Thales to cut its digital carbon footprint.
L&T Technology Services is a listed subsidiary of Larsen & Toubro focused on Engineering and R&D (ER&D) services.