L&T Technology Services Ltd.

L&T Technology Services (LTTS) has signed a $100 million multi-year agreement with a US-based industrial equipment manufacturer catering to the semiconductor value chain. Under the terms of the agreement, LTTS will support the clients’ initiatives across new product development, sustenance engineering, value engineering, and platform automation, leveraging its deep expertise in AI, computer vision, and next-gen automation technologies.

LTTS will also set-up a Center of Excellence (CoE) to support the client in accelerating innovation, simplifying platforms, application engineering and transitioning towards a more digital and AI-enabled future.

L&T Technology Services (LTTS) is a leading global pure-play engineering research and development (ER&D) services company.