Company overview
- Sector
- Technology, Software & IT Services
- Sub-sector
- Information Technology & Services
- Mandate (derived)
- Technology & Engineering
- Parent headquarters
- Vadodara, Gujarat, India
- Parent revenue (USD)
- $1,200,000,000
- Parent headcount
- 21,320
- India headcount
- Not disclosed
GCC locations
- Bengaluru
- Hyderabad
- Pune
- Chennai
- Mysuru
Department mix
Global department counts, used as a proxy for the India mandate. These are not India team counts.
Technology stack
- .GIS
- .NET
- 3DEXPERIENCE Platform
- 3M 360 Encompass - Health Analytics Suite
- AC500 PLC
- ADP
- AI
- AMD Xilinx
- AMP
- ANGEL LMS
- ANSYS
- API Gateway
- ARES
- ASP.NET
- AT&T
Public leadership
Tejas Punater
Executive Associate to the Executive Director & President - Mobility & Tech
Public leadership listed in the dataset; the role is not necessarily the India GCC head.
Research overview
L&T Technology Services (LTTS) is a global engineering research & development (ER&D) services company and a subsidiary of the Larsen & Toubro (L&T) group, headquartered in Vadodara, India. Publicly listed on the NSE since its September 2016 IPO, LTTS reports annual revenue of over USD 1.22 billion and roughly 23,800 employees operating across 25+ countries, spanning Mobility, Sustainability, and Tech segments. Operates 22 global design centers and 100 innovation labs, with over 1,757 patents filed.
- India launch
- 2009
- Maturity
- Innovation & R&D Hub
LTTS's India operations are the company's primary engineering R&D and product-innovation engine: they anchor 22 global design centers and 100 innovation labs, underpin over 1,757 filed patents, and host the core engineering teams delivering AI/digital engineering platforms and large multi-year ER&D engagements for global clients.
Location rationale
As an India-headquartered ER&D services company, LTTS anchors its global delivery and innovation model in India's deep engineering and technology talent pool, spanning Bengaluru, Hyderabad, Pune, Chennai, and Mysuru in addition to its Vadodara headquarters, giving it access to specialized engineering skills at scale and cost-efficiency.
Timeline
- 2006
Established as L&T Integrated Engineering Services, the engineering division of Larsen & Toubro, generating $70M in first-year revenue (per Wikipedia; not corroborated on ltts.com).
- 2009
Became an independent entity under the L&T Technology Services brand, per ltts.com company history.
- 2013
L&T Group restructuring separated operations into nine verticals and six subsidiaries, with LTTS emerging as a distinct subsidiary (timing overlaps with 2009 date).
- September 2016
Completed IPO on India's National Stock Exchange (NSE).
- 2017
Acquired US-based Esencia Technologies (~$27M); opened a Munich, Germany center; A.M. Naik retired as Chairman.
- 2023
Acquired L&T's Smart World & Communication segment for approximately ₹800 crore.
- 2024
Acquired US-based Intelliswift Software for approximately $110M.
- 2025-12-01
Announced partnership with NVIDIA on an AI-powered digital twin platform for respiratory diagnostics, debuting at RSNA 2025.
- 2026-07-14
Joined the Claude Partner Network; announced partnership with Anthropic to embed Claude models into LTTS's Engineering Intelligence platforms.
- 2026-08-11
Launched AgenticIQ™, an end-to-end agentic AI platform for engineering, manufacturing, and customer experience workflows.
- 2026-08-19
Disclosed a landmark 5-year, $75M+ engineering services contract with an undisclosed global technology enterprise, including establishment of a dedicated Engineering Center.
Leadership context
On-file head (Tejas Punater, 'Executive Associate to the Executive Director & President - Mobility & Tech') is a functional/support role, not the overall company head. LTTS's actual CEO & Managing Director is Amit Chadha per its official Board of Directors page. S.N. Subrahmanyan serves as Chairman, Rajeev Gupta as Executive Director & CFO, Alind Saxena as Executive Director & President, Strategic Initiatives & Growth Markets. Former long-time CEO Dr. Keshab Panda now sits on the board as a Non-Executive Director.
Hiring signal
- Open roles
- Not disclosed
- As of
- 2026-08-26
News and developments
LTTS Launches AgenticIQ™, an End-to-End Agentic AI Platform for Engineering, Manufacturing and Customer Experience
LTTS announced AgenticIQ™, an enterprise-grade platform to move autonomous AI agents from pilot to production across engineering, manufacturing, product development, and customer experience workflows.
2026-08-11 LTTS Press Release ↗
LTTS Discloses $75M+ Landmark Engineering Services Contract
LTTS disclosed under SEBI Regulation 30 a five-year, $75M+ contract with an undisclosed global technology enterprise, including a dedicated new Engineering Center.
2026-08-19 LTTS Investor Exchange Announcement ↗
L&T Technology Services Partners with Anthropic to Deliver AI-Powered Engineering Intelligence
LTTS joined the Claude Partner Network, integrating Anthropic's Claude models into its Engineering Intelligence platforms.
2026-07-14 LTTS Press Release ↗
L&T Technology Services Transforms Respiratory Diagnostics with NVIDIA AI-Powered Digital Twin Technology
LTTS partnered with NVIDIA to build an AI-powered digital twin platform for respiratory diagnostics, debuting at RSNA 2025.
2025-12-01 LTTS Press Release ↗
Sources
- LTTS official website - About Us: parentSnapshot, indiaLaunchYear (2009), business description ↗
- Wikipedia - L&T Technology Services: founding year 2006, restructuring 2013, acquisitions, IPO ↗
- LTTS official website - Board of Directors: leadershipBio - current CEO & Managing Director, Chairman, CFO, board ↗
- LTTS Press Releases / SEBI Exchange Announcement: recentNews items ↗
Sources and research notes
Source: Indian GCC 2026 Master Compendium, Company Master and research records. Sector, mandate and public leadership are derived fields. Missing values are shown as not disclosed. Revenue and global headcount describe the parent company, not the India centre.