IT services company L&T Technology Services has landed a 45 million euro (Rs 400 crore) contract from automotive supplier Forvia for engineering development activities. This five-year partnership will see around 300 engineers from Forvia’s Augsburg (Germany) and Bangalore (India) sites transferring to LTTS.
The collaboration between L&T Technology Services and Forvia aims to drive progress in traditional engine technologies and new-age digital transformation for ultra-low emissions and clean mobility. As part of the agreement, LTTS will be responsible for reskilling the transferred engineers, enhancing their skillsets, and eventually repositioning them to work in various fields within LTTS’ commercial network. Despite the transition, the engineers will continue to work for Forvia from their current locations.
The team of 300 engineers will focus on internal combustion engine-related engineering activities within LTTS. This strategic partnership offers not only engineering services for Forvia but also career growth opportunities for the transferred employees.
LTTS CEO Amit Chadha emphasized the company’s commitment to driving progress in traditional engine technologies and new-age digital transformation for ultra-low emissions and clean mobility. On the other hand, Forvia CEO Patrick Koller highlighted the importance of this strategic partnership in reinforcing their commitment to the ultra-low emission business and safeguarding employee interests in a changing environment. The collaboration underscores LTTS’ expertise in transportation and automotive industries.
The success of this deal is a significant milestone for both companies as it marks their dedication to providing innovative solutions that contribute towards sustainable mobility.
