L&T Technology Services (LTTS), a listed subsidiary of Larsen & Toubro (L&T), is a global leader in Engineering Research and Development (ER&D) services. The company offers design, development, consultancy, and sustenance services across products and processes. The company bridges the gap between engineering and technology to create innovative solutions, turning bold ideas into real-world solutions – from smart, connected devices to next-gen factories that operate more efficiently and sustainably. LTTS’ deep domain expertise, combined with a passion for innovation, enables it to deliver results that set new standards for excellence.

The company's engineers, technologists, and innovators are spread across many global design centers and several innovation labs work tirelessly toward solving the world’s toughest industry challenges, making LTTS a trusted partner to companies across domains. This is achieved through Purposeful. Agile. Innovation. driving a clear sense of purpose across the company’s service offerings, including Digital Engineering and Consulting, Product Engineering, Manufacturing Engineering, Plant Engineering, and Software and Platforms.

Business area of the company

LTTS is a global leader in engineering and technology consulting services. The company designs, develops, and delivers transformative products and services for its diverse global clientele. From Mobility and Sustainability to Tech, LTTS partners with some of the world’s biggest brands across industries. The company is driving the next frontiers of innovation across the global mobility landscape. The company helps its clients accelerate the adoption of smart and sustainable processes and solutions that ensure regulatory compliance while generating unmatched value streams.

Segments of the company

Mobility: Under its Mobility segment, LTTS engineers intelligent and sustainable mobility offerings for safer and personalized user experiences. Its subsegments are-

• Automotive
• Aerospace Engineering
• Rail Transportation
• Commercial & Recreational Vehicles
• Off-Highway Vehicles

Sustainability: LTTS is enabling intelligent and responsible products and production journeys under its Sustainability segment. Its subsegments are-

• Discrete Manufacturing & Industrial Products
• Process Manufacturing

Tech: In the Tech segment, LTTS focuses on enabling pervasive intelligence across products and services for ensuring differentiated experiences. Its subsegments are:

• HiTech
• MedTech
• Public Infrastructure & Smart Cities
• Software & Platforms

Services offered by the company

Digital Engineering & Consulting

• Artificial Intelligence
• Cybersecure
• Immersive Experiences
• Industry 4.0
• Product Consulting
• Sustainability Engineering
• Sustainable Smart World
• 5G

Product Engineering

• Software Engineering
• Embedded Engineering
• Mechanical Design
• Testing & Validation

Manufacturing Engineering

• Smart Manufacturing
• Supply Chain Engineering
• Manufacturing & Planning
• Manufacturing Execution

Plant Engineering

• CAPEX Project E/EPCM Services
• Operational Excellence
• Plant Sustenance & Management
• Material & Parts Management
• Regulatory Compliance Engineering

Awards

2017:

• LTTS wins Businessworld magazine’s 3rd HR Excellence Awards 2017
• Rated as one of the most Innovative Indian company for FY2017
• LTTS wins NASSCOM Digital Skills Awards 2017, for transformation program for digital re-skilling.

2018:

• Best CSR Practice Award 2018 by the UBS Forums
• PTC recognizes LTTS with the Global System Integration (GSI) partner award 2018
• LTTS was awarded Silver for being the Most Exemplary Employer (COVID-19 response category) in the 17th Stevie International Business Awards.
• 2018 IoT Platforms Leadership Award by IoT Evolution Magazine for Integrated MCare
• NASSCOM Artificial Intelligence Game Changer Awards 2018 for AIKno framework
• Golden Peacock Innovative Product & Service Award 2018 for iBEMS framework

2019:

• L&T Technology Services was awarded Silver for Most Innovative Workplace Redesign (COVID-19 response category) at the 5th Stevie Great Employers Awards.
• L&T Technology Services was honored with the Mahatma Award 2019 for CSR excellence in Integrated Water Management Project.
• L&T Technology Services adjudged as the Gold Winner of the Stevie Award for Best Employer of the Year 2019.
• Global Innovation & Technology Alliance (GITA) felicitated L&T Technology Services for its Robotic Endo-training Kit.
• L&T Technology Services’ AiKno Solution awarded Frost & Sullivan’s 2019 Indian Cognitive Automation Technology Innovation Leadership Award.
• L&T Technology Services honored with The BML Munjal Awards for Business Excellence through Learning & Development in the Private services category.
• Indo-American Chamber of Commerce (IACC) honored L&T Technology Services’ with the Best Company of the Year Award.
• Confederation of Indian Industry (CII) recognized L&T Technology Services as one of the most innovative Indian companies in the ‘Services category’ in the ‘Large Enterprises’ segment
• Indo-American Chamber of Commerce further honored L&T Technology Services’ green innovation by awarding the company with the ‘Green Office Space of the Year.’
• EMC Transformation Award & Dataquest Business Technology award in the Analytics category
• LTTS has been honoured with the award for Best Company for Excellence & Innovation in Digital Engineering Services by Dataquest
• L&T Technology Services was awarded as the Gold Winner for Brandon Hall Excellence award for Rewards & Recognitions in North America
• L&T Technology Services stands 11th in Dalal Street Investment Journal’s Super 50 rankings
• Honda conferred LTTS with the ‘Performance Excellence Award’ for exceeding performance standards including quality, cost and service
• Continental Honors L&T Technology Services with Supplier of the Year Award
• Innovation Award from Daimler

2020:

• Brandon Hall's HCM Excellence Awards 2020 awarded LTTS’ North American Talent Acquisition team with the Bronze Award for Excellence in Best Advance in Talent Acquisition Process.
• L&T Technology Services has been awarded Silver for Most Innovative Tech Company of the year at the 17th Stevie International Business Awards.
• Global Engineering Productivity Improvement Award & Gold Supplier awarded by UTC
• L&T Technology Services has been awarded Silver for Best Workplace Practices at the inaugural edition of Financial Express BrandWagon Ace Awards 2020
• Recognized as one of the ‘Most Admired Brands’ in Indian ICT Industry for the year 2020 by VARINDIA

2021:

• Awarded the CII Top 25 Innovative Company Award at the 2021 Industrial Innovation Award.
• Rated by Zinnov as a ‘Global ER&D Leader’ and Leader across its core verticals such as Automotive, Aerospace, Medical Devices, Industrial, Semiconductor & Telecom.
• Rated by Zinnov Zones ER&D Services Report as a Leader in key technology areas such as Digital Engineering, AI Engineering, Digital Thread, Telematics, ADAS, TeleHealth, and OTT.
• Recognized as a Leader in Digital Engineering in ISG’s Manufacturing Industry Services 2021 Study in the Transportation, Hi-Tech, and Industrial segments.
• ISG’s Life Science Digital Services Study recognized LTTS as a Leader in Europe & USA in the MedTech and Digital Transformation Services areas.
• LTTS’ Chest-rAITM solution recognized in the Innovation in Overall Customer Experience category by ASSOCHAM 2nd Innovators’ Excellence Awards 2021.
• Business Leadership Awards 2021 honored LTTS in the Innovation Excellence and Connected Car Platform of the Year categories.
• Recognized as a ‘Leader’ in Everest Group’s Autonomous, Connected, Electric & Shared Mobility Automotive Engineering study.
• NelsonHall positioned LTTS in the ‘Leaders’ Category in Digital Manufacturing Services in its NEAT Leader 2021 study.
• ISG Group rated LTTS as ‘Leader’ in IoT Consulting & Services and IT/OT Tech Data Convergence.
• LTTS’ Finance Team was honored for excellence in Consistent Liquidity Management by BW Businessworld CFO Finance Strategy Awards 2021.
• Stevie’s International Business Award adjudged LTTS’ SafeX DevOps framework as the winner in the Achievement in Product Innovation category.
• Association of National Advertisers (ANA), USA honored LTTS with the B2 Award 2021 in the Podcast Category for #EngineersFromTheHomeDesk Series.
• Won the prestigious Association for Talent Development (ATD) Best Award 2021 and was ranked No. 1 for Talent Development practices.
• Everest Group positioned LTTS as a ‘Leader’ in the Semiconductor Annual Engineering Services PEAK Matrix Assessment.
• NASSCOM honored LTTS with the Engineering and Innovation Excellence Awards 2021 in the ‘Engineered-In-India Product of the Year’ category for Robotic Endo-Trainer Kit.
• LTTS’ AI-based framework AiKno recognized with the annual IMC Digital Technology Awards in the ‘Smart-Tech Award for the Best Use of Emerging Technologies’ category.
• Won Platinum in the ‘Most Innovative Company of the Year’ and ‘Achievement in Customer Satisfaction’ categories at the International TITAN Business Awards 2021.
• Recognized as a ‘Leader’ for Development and Verification & Validation services in Industry 4.0 by Everest Group.
• ISG Group rated LTTS as ‘Leader’ in Smart Manufacturing Services for Automotive and Hi-Tech.
• Won the 2021 Big Innovation Awards, USA for Chest rAI and i-BEMS. Chest rAI is LTTS’ AI-based chest X-Ray analysis system to assist radiologists in improving speed and accuracy of diagnosis, and i-BEMS is LTTS’ proprietary smart campus framework.
• For its Solar Electrification tribal village project, LTTS was conferred with the Mahatma Award for CSR Excellence.

2022:

• Awarded with the Best Industry-Academia collaborations of this year by CII Industrial Innovation Awards 2022.
• Won the Golden Peacock Innovation Management Award - 2022.
• Conferred with the 2022 Notable Supplier Award by Bosch India.
• Global Engineering Academy declared as the winner of the Organization Award category at the Future of Learning and Development Summit & Awards 2022 by the UBS Forum.
• Honoured with the Gold Award in the areas of ‘Environment, Climate and Forest’ by CSR Times.
• Recognized as ‘Leader’ in Everest Group’s Connected Medical Device Services PEAK Matrix Assessment 2022.
• Positioned as ‘Leader’ in Everest Group’s Autonomous, Connected, Electric, and Shared (ACES) Mobility Automotive Engineering Services PEAK Matrix Assessment 2021.
• Honoured with Global Energy Optimization and Sustainability Management Product Leadership Award by Frost & Sullivan.
• LTTS’ Global Engineering Academy has been named as Best Corporate Learning University in the ET Future Skills Awards 2022.
• Recognized with the Hybrid Technology Solution of the Year Award by US-based AutoTech Breakthrough Awards for LTTS’ eVOLTTS platform.
• Recognized as a Great Place to Work for its best practices across India, especially in parameters like credibility, respect, fairness, pride, and employee camaraderie.
• Positioned as a ‘Leader’ in all 5 quadrants for the North America market in the 2022 ISG Provider Lens Digital Engineering Services report.
• Recognized as an ‘Innovator’ by nasscom in their AI GameChangers Awards 2022 for LTTS’ Chest-rAITM solution.
• Recognized by HfS Research among the Top 10 Industry 4.0 Service Providers.
• Recognized as ‘Leader’ in Everest Group’s Digital Product Engineering Services PEAK Matrix Assessment 2022.
• Honoured with the Golden Peacock Corporate Social Responsibility Award 2022.
• Recognized at the 2022 U.S. BIG Innovation Awards in the Top Innovative Product of the Year category for LTTS’ Point-of-Care Sepsis solution.
• Ranked as 6 out of 54 service providers in Everest Group’s Engineering Services PEAK Matrix Service Provider of the Year Awards 2022.
• Honoured at the 12th Aegis Graham Bell Awards in the ‘Innovation in Cybersecurity’ category.
• Recognized by the US-based Business Intelligence Group as one of the Best Places to Work.
• Recognized with ASSOCHAM CSR & Sustainability Excellence Award 2022 in the Healthcare category.
• Won Gold in BW Recycle: Recycling for a Greener Tomorrow Award 2022 for LTTS’ Solid Waste Management Program.

2023:

• Nasscom awarded LTTS for Product innovation in the category Ideation to Engineering leadership for Automatic recovery circuit breaker
• Rated in the leadership zone across 14 Engineering domains by Zinnov:
• Leaders in Overall 2023 ER&D Services
• Digital Engineering Services, Data & AI Engineering Services, and Industry 4.0 Ratings 2023
• Leadership across Automotive, Aerospace, Electrification, Industrial, Telecom, Semiconductors, and Telehealth
• Named among the Top 50 Innovative Companies in the CII Industrial Innovation Awards 2023.
• Chosen as the Most Preferred Workspace 2023-24 in the IT/ITES category by Marksmen Daily.
• Rated by ISG as leaders in Manufacturing Industry Services and Solutions 2023 - Digital Factory/Manufacturing Solutions, North America and Agile Product Development and Design Services.
• Positioned as leaders in Everest Group’s ACES Automotive Engineering Services PEAK Matrix Assessment 2023 – Electric.
• Awarded the Best in Class ER&D Organization in nasscom Spotlight Awards 2023-24 for exceptional contributions in research and innovation.
• Three smart city projects of LTTS received the prestigious RoSPA Gold Health & Safety Awards from The Royal Society for the Prevention of Accidents, UK 2023.
• Named as the Winner of the Golden Peacock Award for ESG, 2023.
• Awarded the HR Innovation Award for 2023 by FICCI.
• The Indo American Chamber of Commerce felicitated LTTS CEO and MD, Amit Chadha as Corporate Leader of the Year, 2023.
• Recognized as a Great Place to Work for the second time in a row in India and in Poland for the first time. LTTS scored high on parameters like credibility, respect, and pride, as well as high overall participation from employees.
• Recognized as the Leadership Factory of India by Great Manager Institute.
• Rated as leaders in Manufacturing Smart Industry Services 2023 RadarView by Avasant.
• Received the Aveva Global Alliance Partner of the Year Award for delivering the highest business growth for Aveva.
• Recognized as Sustainability Partner of the Year by PTC for LTTS’ ESM solution built on the PTC platform.
• Conferred with the ‘BIG Innovation Award’ for Innovation in IoT for EDGYneer by the Business Intelligence Group.
• Honoured at the 13th Aegis Graham Bell Awards for ‘Innovation in EV Infrastructure’ category for LTTS’ industry-leading EV Charging Infrastructure.
• Recognized as a Partner-level Supplier by John Deere for the fourth time, for outstanding performance in product and service quality.
• Received the CSR Journal’s Special Commendation Award for LTTS’ Clean Energy Project benefitting tribal areas.
• Recognized as a winner by Indian Social Impact Awards for LTTS’ Integrated Watershed Management project.

2024:

• Awarded the 2025 BIG Innovation Award in Transportation for AnnotAI by the US-based Business Intelligence Group
• Zinnov has rated LTTS as a “Leader” in Digital Engineering and ER&D Services 2024 for Overall ER&D, Digital Engineering Services, Medical Devices, Industry 4.0 and Industrial
• Honored as the Government System Integration Partner of the year FY24 at the Palo Alto Networks India & SAARC Partner Summit FY24.
• LTTS CEO and Managing Director, Amit Chadha has been recognized as the AutoTech CEO of the Year 2024.
• Recognized in two categories at the Financial Express FuTech Awards 2024: 'Best AR/VR Breakthrough' category for LTTS’ AR/VR capabilities.
• Recognized by CII as one of the Top 25 Companies Excelling in Women in STEM, 2024.
• Recognized at the nasscom AI Gamechangers Awards 2023-2024 in the Manufacturing Category for Asset Health Framework Solution.
• Awarded the 2024 Caterpillar Supplier Excellence Award, honouring LTTS’ commitment to delivering high-quality products and services that support sustainable growth.
• Awarded ‘Partner-level Supplier’ status in John Deere’s Achieving Excellence Program for the fourth time, the highest recognition for quality and service.
• Featured among the Top 3 Global pure-play Engineering Services in Everest Group’s Engineering Services Top 50 ranking.
• Rated as Market Leaders in the 2024 HFS Horizons Report for IoT Service Providers, excelling in comprehensive strategies, global reach, technology partnerships, and transformative solutions.
• Honoured with the CSR Times Award 2024 for LTTS’ ‘Sampoorna Poshan’ initiative - maternal and childcare programs focused on health monitoring, nutrition support, and reducing infant mortality.
• Recognized as a Great Place to Work in the United States for the first time ever, and as a Great Place to Work in Poland for the second time in a row.
• Recognized as the Most Innovative Company of the Year 2024-25 by ET Now.
• Won the FICCI Smart Urban Innovation Awards in the ‘City Safety, Emergency Response, and Disaster Management’ category for the Patna Smart City Project.
• Rated as leaders in the Connected Product Engineering Services PEAK Matrix Assessment 2024 in Embedded Engineering by Everest Group.
• Recognized by Collins Aerospace as top Supplier of the Year. LTTS is the sole recipient of this award for delivering high-end engineering solutions.
• Rated in the leadership zone by ISG across Digital Engineering Services for: Design and Development (Products, Services, and Experiences) Integrated Customer/User Engagement Intelligent Operations Platform and Applications Services
• Rated as leaders in Nelson Hall NEAT vendor evaluation for Industry 4.0.
• Recognized with the Impactful Co-creation award by IIT Madras.
• Awarded The Economic Times CFO Award for Leadership in Sustainability for ESG in the large enterprises segment.
• Honoured by The All India Business & Community Foundation for Impactful Sustainable Business Practices.
• Awarded the Best Technology Company in Diversity, Equality and Inclusion (DE&I) by Analytics India Magazine.

2025:

• LTTS’ Chief Technology Officer, Ashish Khushu, named as one of India’s ???????? ?????????????????????? ???????????? ???? ???????? ?????? ???????????????????? by MIT Sloan Management Review India
• Recognized by Etihad Rail at the Global Rail Innovation Awards for its Innovative Way to Detect Visible Rail Defects in Real-Time
• LTTS has been officially recognized as a Great Place to Work in the United States for the second time in a row in Japan for the first time ever
• Recognized as a Leader by Everest Group in both the Industry 4.0 Services PEAK Matrix Assessment 2024 and the Sustainable Engineering Services PEAK Matrix Assessment 2025
• Rated as a Leader in the ISG Provider Lens Study for Digital Engineering Services 2025
• Recognized as one of the Best Organizations for Women 2025 by ET Now 
• Conferred with the Sustainable Diversity Leader Award by Girls at Tech Nordics
• Conferred with the prestigious Golden Peacock Innovation Management Award 2024, recognizing LTTS' leadership in cutting-edge innovation initiatives for global businesses.
• Recognized in the Platinum Category and with the Technical Achievement Award at the LACP Vision Awards
• Inducted into John Deere Supplier Hall of Fame for Five Consecutive Years of Excellence
• Rated as Leaders in Engineering Research and Development Service Providers, 2025 by HFS
• Rated as Leaders in Aerospace and Defense Services and Solutions 2025 - Overall Ecosystem & Mid-Sized Specialists in Europe by ISG

Major events and milestones

2013

• Incorporation of L&T Technology Services
  
• L&T Partners with Bayer for efficient CapEx execution
  
• L&T IES Announces Consulting and Systems Integrator Alliance Agreement with Siemens PLM Software in North America
  
• Mixel and GDA Technologies Partner to Deliver a Complete UFS MIPI Solution
  
• Calsonic Kansei and L&T IES partner to set up an Offshore Development Centre in Chennai
  
• Takata and L&T Technology Services Establish Global Engineering Service Center in India
  
• Larsen & Toubro and AVEVA sign Teaming Agreement

2014

• The Company acquired the PES Business (except the unit in Germany) from LTIL.
  
• L&T Technology Services and Tele2 announce strategic M2M/IoT partnership for the transportation industry
  
• L&T Technology Services forms a Joint Venture with Thales to strengthen Avionics Business
  
• L&T Technology Services and Proximetry collaborate to enable Smart Grid Applications for the Internet of Things (IoT)

2015

• The Company acquired the unit of PES Business in Germany from L&T Infotech GmbH.
  
• The Company acquired the IES Business from L&T.
  
• The Company acquired 74.0% stake in TSIPL.
  
• The Company acquired the engineering services division of Dell, India.
  
• The Company acquired the engineering services division of Dell, USA through the wholly owned subsidiary, LTTS LLC.
  
• L&T Technology Services rated as a leader in Eleven Categories by Zinnov in GSPR 2015
  
• L&T Technology Services and Cisco launch Global Internet of Things (IoT) Solutions Centre
  
• L&T Technology Services and Cisco launch Global Internet of Things (IoT) Solutions Centre
  
• Infor Further Expands Partner Network in India with L&T Technology Services
  
• Launch of Solutions for Smart Cities at Hannover Messe
  
• L&T Technology Services and Cargill sign a 3 year master Service Agreement for expanding into new service areas and new geographies
  
• L&T Technology Services and ThingWorx Partner for Internet of Things Applications
  
• L&T Technology Services Joins Intel® Network Builders Program

2016

• L&T Technology Services inks multi-million dollar contract with global semiconductor firm.
• L&T Technology Services, CeNSE, IISc join hands for innovation in Nanotechnology and Sensors.
  
• L&T Technology Services launches new Center of Excellence in U S dedicated to Digital Engineering
  
• Indo-American Chamber of Commerce has conferred L&T Technology Services with the Company of the Year Award.
  
• NASSCOM launched India’s first Centre of Excellence - Internet of Things (CoE- IoT) in Bengaluru, with L&T Technology Services as a strategic partner
  
• Zinnov rates L&T Technology Services Limited in the Leadership Zone across 10 verticals in Zinnov Zones 2016 Product Engineering Services
  
• L&T Technology Services announce Digital Engineering Transformation partnership with Azure-led Industry solutions.
  
• L&T Technology Services launches new Center of Excellence in U.S dedicated to Digital Engineering
  
• L&T Technology Services partners with Redknee to deliver IoT architecture for enterprises in transport, energy and insurance
  
• L&T Technology Services wins coveted Dataquest Business Technology Award
  
• L&T Technology Services and Danaher Corporation celebrate a decade of strong partnership in Engineering
  
• Anapass achieves First-time Success with MIPI DSI Total solution from L&T Technology Services
  
• L&T Technology Services recognized as “ACE Supplier Gold” by UTC; also wins productivity award
  
• Calsonic Kansei and L&T Technology Services deepen 4 year partnership, inaugurate state of the art Material Test Centre in Chennai
  
• L&T Technology Services, Canada’s eCamion and Ryerson University, and India’s Anna University Join Hands for Unique Community Energy Storage Project

2017

• L&T Technology Services wins Smart City & Campus project
  
• L&T Technology Services conferred with Prestigious Golden Peacock National Quality Award
  
• L&T Technology Services unveils new delivery center for leading German Original Equipment Manufacturer (OEM) in Munich, Germany
  
• L&T Technology Services Limited & UTC Commercial Businesses Establish Innovation Lab for Intelligent Buildings, Connected Homes and Cold Chain Logistics
  
• L&T Technology Services and Dell EMC join hands to roll-out modular smart building solutions to create the ‘digital market of one’
  
• L&T Technology Services Limited (LTTS) announces completion of Esencia acquisition
  
• L&T Technology Services conferred with World Quality Congress Award for Quality Excellence in Planning, Processes & Systems
  
• L&T Technology Services Collaborating with Wind River for Intelligent Systems

2018

• L&T Technology Services unveils Digital Engineering Centre in Gothenburg, Sweden
  
• L&T Technology Services announces completion of Graphene Semiconductor Services acquisition
  
• L&T Technology Services (LTTS) wins USD 40 million Engineering Content Management (ECM) Deal in Europe
  
• L&T Technology Services launches new NB-IoT Protocol Stack IP, collaborates with Cadence to facilitate smart connectivity

2019

• L&T Technology Services inaugurates Aerospace & Defense Engineering Design Center in Rockford, Illinois
  
• L&T Technology Services Ltd develops the world’s first cost-effective Robotic Endo-training Kit
  
• L&T Technology Services Completes CWIP Certification Program for Widevine DRM solutions
  
• L&T Technology Services partners with Zodiac Systems for Advanced Set-Top Box Solutions
  
• United Technologies selects L&T Technology Services as a strategic partner for Collins Aerospace
  
• L&T Technology Services establishes its presence in Hi-Tech campus, Eindhoven to enhance customer centricity in the Netherlands
  
• L&T Technology Services and Kudelski Group Join Forces to Deliver Simple and Secure Industrial and Automotive IoT Solutions
  
• LTTS unveils Factory D.0 - its one-stop solution for factories of the future

2020

• L&T Technology Services Selected to Support Tenneco DRiV Ride Performance Division
  
• L&T Technology Services expands collaboration with Microsoft to offer eco-friendly solutions for workplace transformation
  
• L&T Technology Services Joins SRT Alliance and Is Recognized as SRT Ready Partner
  
• LTTS Launches Industry4.NOW to Help Global Manufacturers Scale Their Digital Initiatives
  
• L&T Technology Services joins Qualcomm Smart Cities Accelerator Program to provide Smart City solutions to OEMs and System Integrators