L&T Technology Services Ltd., a provider of engineering leadership and R&D services, has secured a multimillion-dollar, five-year contract from European luxury car manufacturer BMW Group to work on the firm’s hybrid vehicle infotainment consoles.
According to a statement from the engineering services company, as part of the five-year agreement, L&T technology will offer top-tier engineering services for the company’s collection of infotainment consoles intended for its family of hybrid cars.
The company added that the team will be offering services in the areas of software build and integration, infotainment validation, and defect management. The engineers will be able to work on a variety of solutions and offer services in real-time because of the location near the campus of the BMW Group, the company said.
How did L&T Technology grab this deal?
According to LTTS, it was able to get the significant contract thanks to its broad knowledge in the field, engineering leadership in the field of transportation technology, and shown capacity to provide special chances to advance ongoing projects and start new ones. The engineers on the LTTS team will offer services in software development and integration, infotainment system validation, and defect management.
LTTS now operates a Near Shore Center that offers engineering and R&D services for the BMW Group’s line of hybrid electric cars and its suite of infotainment consoles.
More about LTTS
A $50 million agreement and four $15 million deals were among the seven contracts worth $10 million or more that L&T Technology Services claims it earned in the first quarter. The news comes only a few days after Indian Oil Corporation Ltd. awarded L&T’s hydrocarbon onshore business a sizable contract valued between 2,500 and 5,000 crores. A residue hydrocracker unit will be installed as part of the engineering, procurement, construction, and commissioning contract (EPCC) for this P-25 project.