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L&T Technology Services Ltd. ( (IN:LTTS) ) has shared an announcement.
L&T Technology Services Limited has announced the inauguration of a new Global Development Center (GDC) in collaboration with PALFINGER, a leader in crane and lifting solutions. This initiative, part of a multi-year engagement, aims to accelerate product development for PALFINGER by utilizing LTTS’ expertise in AI-driven engineering processes. The GDC will enhance PALFINGER’s localization and digital transformation efforts, supporting its growth strategy in India and the Asia-Pacific region. This collaboration represents a significant expansion in the partnership between the two companies, with LTTS providing comprehensive engineering and digital capabilities to strengthen PALFINGER’s product portfolio and sourcing programs.
More about L&T Technology Services Ltd.
L&T Technology Services Limited, a subsidiary of Larsen & Toubro Limited, is a global leader in AI, Digital, and Engineering Research & Development (ER&D) consulting services. The company focuses on providing advanced technology solutions across various industries, including mobility, to enhance digital transformation and product development.
Average Trading Volume: 6,821
Technical Sentiment Signal: Buy
Current Market Cap: 481.5B INR
See more insights into LTTS stock on TipRanks’ Stock Analysis page.