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LTTS and ThyssenKrupp Steering partner for Pune software hub

June 30, 2025 at 07:06 PM UTCBy FilingReader AI

** L&T Technology Services (LTTS) [BSE: 540115, NSE: LTTS] and thyssenkrupp Steering have announced a strategic partnership to create a state-of-the-art software development center in Pune, India. LTTS will manage the hub, focusing on safety-critical software for advanced steering technologies, supporting thyssenkrupp’s global engineering expansion, and enhancing LTTS' reputation in intelligent and sustainable mobility. Richard Hirschmann, SVP R&D at thyssenkrupp Steering, anticipates expanding their software capabilities in India via this center. Patrick Vith, CEO of thyssenkrupp Steering, highlighted that they aim to shape the future of mobility with innovation through this partnership. This initiative highlights LTTS’s leadership in mobility, supported by over 250 programs, 350 patents and 45 labs. The new center aims to develop cutting-edge software, including embedded systems, functional safety, and cybersecurity for intelligent and connected vehicle technologies. Amit Chadha, CEO & Managing Director of LTTS, noted it reaffirms their role as a go-to innovation partner. Separately, LTTS will hold an Earnings Conference Call on July 16, 2025, to discuss financial results for the first quarter of FY26. The financial results will be discussed at 7:00 pm (IST) on July 16, 2025, as the Board will meet to review the same the same day.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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