L&T Technology Services signs a 45 million Euro contract with Forvia for engineering activities.

Partnership between L&T Technology Services and Forvia: Driving Innovation for Clean Mobility through Engineering Development

Engineering Development Partnership Between L&T Technology Services and Forvia: A Five-Year Journey

Forvia, a leading automotive supplier, has recently entered into a five-year partnership with IT company L&T Technology Services (LTTS) for engineering development activities. The contract is worth approximately 45 million euros (Rs 400 crore), and it will see around 300 engineers from Forvia’s Augsburg (Germany) and Bangalore (India) sites transferring to LTTS.

The primary objective of this strategic partnership is to benefit Forvia’s clean mobility division through engineering development activities. The team of 300 engineers will be focusing on internal combustion engine-related engineering activities within LTTS. This collaboration not only provides engineering services for Forvia but also offers career growth opportunities for the transferred employees.

As per the agreement, LTTS will be responsible for reskilling the transferred engineers, enhancing their skillsets, and eventually repositioning them to work in various fields within LTTS’ commercial network. Despite the transition, the engineers will continue to work for Forvia from their current locations.

LTTS CEO and Managing Director Amit Chadha expressed his company’s dedication to driving progress in traditional engine technologies and new-age digital transformation for ultra-low emissions and clean mobility. He stated that this partnership underscores LTTS’ expertise in the transportation and automotive industry, highlighting its commitment to driving innovation in these areas.

Forvia CEO Patrick Koller emphasized the importance of this strategic partnership in reinforcing their commitment to the ultra-low emission business and safeguarding employee interests in a changing environment. He noted that this collaboration would enable Forvia to leverage LTTS’ capabilities while providing its employees with exciting career growth opportunities.

In conclusion, this five-year partnership between L&T Technology Services and Forvia represents an exciting opportunity for both companies to drive innovation in traditional engine technologies and new-age digital transformation for clean mobility. This collaboration underscores LTTS’ expertise in the transportation and automotive industry while providing Forvia with access to top talent while safeguarding employee interests in a changing environment.

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