L&T Technology Services Secures €50 Million Mobility Deal in Europe

L&T Technology Services (LTTS) has announced a significant win in the mobility segment, securing a €50 million deal with a European automotive OEM. This transformational agreement focuses on developing and operating next-generation software platforms for both current and upcoming vehicle models. The deal also includes establishing a development center, which will play a crucial role in the client's global right-shoring strategy. LTTS secured this deal through its expertise in software-defined vehicles (SDVs), advanced driver assistance systems (ADAS), and software-defined everything (SDe). This move underscores LTTS' commitment to enabling transformation in the global automotive landscape.

 

Source: CNBC TV18