L&T Technology Services Limited (LTTS) announced today an expansion of its strategic collaboration with Siemens Digital Industries Software, marking ten years of their partnership. The engineering services company will enhance its Centre of Excellence (CoE) and establish a new Digital Manufacturing Academy.
The shares of L&T Technology Services Limited (LTTS) were trading at ₹4,815.75 down by ₹12.75 or 0.26 per cent on the NSE today at 11.40 am.
The expanded partnership focuses on developing cutting-edge technologies for sectors including automotive, aerospace, electronics, energy, healthcare, and industrial machinery. The Digital Manufacturing Academy, operated jointly with LTTS Global Engineering Academy and universities, aims to train over 500 professionals in Siemens technologies.
LTTS provides solutions across Siemens’ software portfolio, including CAD design through NX, simulation via Simcenter, and product lifecycle management using Teamcenter. The company also leverages Siemens’ Mendix low-code platform to create engineering and manufacturing applications.
Matthew Thomas, Country Manager and Managing Director of Siemens Digital Industries Software India, emphasized that LTTS enhances their reach by providing comprehensive solutions. Abhishek Sinha, Executive Director & President at LTTS, noted that the collaboration helps clients navigate digital transformation while adapting to market demands.
