The significant contract was given to LTTS as a result of the company’s extensive domain experience and engineering leadership in transportation technology, as well as the company’s demonstrated capacity to provide one-of-a-kind possibilities to scale up current projects and undertake new ones. L&T Technology team of engineers will be providing services in the areas of software build and integration, infotainment validation, and defect management, primarily for the family of hybrid BMW vehicles.
Nearshoring production
L&T is also a listed subsidiary of Larsen & Toubro focused on Engineering and research and development (R&D) services in the Indian stock market (NSE: LTTS), offering consultancy, design, development, and testing services across the product and process development life cycle. Abhishek Sinha, Chief Operating Officer, and Board Member, L&T Technology Services, stated: He also added: Accordingly, the deal was awarded to L&T due to their expertise in engineering and proven ability to scale up projects. With the near-shore center that provides engineering and R&D services to BMW, L&T will be able to help BMW and offer real-time services. The focus will be on hybrid electric vehicles and infotainment console kits that BMW offers. This cooperation will strengthen L&T’s existing engagement with BMW Group, as the firm remains committed to deploying its digital engineering capabilities for its premier clients. Buy stocks now with Interactive Brokers – the most advanced investment platform Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
