L&T Technology Services Limited (LTTS) is a leading global pure-play Engineering Research and Development (ER&D) services provider. The Company delivers consultancy, design, development, and testing services across the product and process development life cycle. LTTS' services and solutions include software and digital engineering, embedded systems, engineering analytics, and plant engineering. Headquartered in India, LTTS has over 24258 employees spread across 23 global sales offices and 108 innovation labs in India as of March 31, 2025. LTTS has a customer base of 421 global clients including 57 of the world's top ER&D spenders. Its engineers and technologists collaborate with leading global firms to drive smart solutions and services for new product development, facilitate remote asset management, and enable virtual product design and prototyping.
L&T Technology Services Limited was incorporated as 'L&T Technology and Engineering Services Company Limited' on June 14, 2012 at Mumbai as public limited Company. The Company received the certificate of commencement of business on June 20, 2012 and subsequently, the name of the company was changed to 'L&T Technology Services Limited' on July 19, 2012. As on March 31, 2025, Larsen & Toubro Limited, Promoter of the Company holds 7,79,86,899 shares constituting 73.66% of the paid- up share capital of the Company.
In 2014, L&T Technology Services acquired the product engineering services (PES) business (except the unit in Germany) from Larsen & Toubro Infotech Limited.In 2015, L&T Technology Services acquired the unit of PES business in Germany from L&T Infotech GmbH. During the year, the company acquired the integrated engineering services (IES) business from L&T. Also during the year, the company acquired 74% stake in Thales Software India Private Limited (TSIPL). The company also acquired the engineering services division of Dell, India during the year. It also acquired the engineering services division of Dell, U