New Orders

During the year, LTTS sustained its momentum as large deal wins delivered an average TCV of ~ USD 200 million for six consecutive quarters. The company signed a USD 100 million marquee deal with a US-based industrial equipment manufacturer in the semiconductor value chain.
LTTS also secured a strategic partnership with a leading global energy major to serve as the engineering services and technology partner for a new Digital Expertise Center in India, a ~USD 75 million engagement supporting around 500 engineers. In addition, the company finalised two deals exceeding USD 50 million, one above USD 40 million, and three projects valued at over USD 30 million each.

Key Deal Wins

Mobility

• LTTS secured a large multi-million-dollar engagement from a global luxury OEM, covering infotainment system engineering across multiple product domains, and assessment and assurance of telematics modules
• An American manufacturer of off-highway equipment selected LTTS to set up a centre of excellence focusing on new product design, digital engineering, software and power electronics and manufacturing sustenance
• A satellite technology company awarded LTTS a significant deal for software design, development and embedded engineering for airborne systems

Sustainability

• A marquee USD 100 million+, multi-year agreement, with a US-based industrial equipment manufacturer catering to the semiconductor value chain to support initiatives across new product development, sustenance engineering, value engineering and platform automation
• A USD 50 million+ agreement with a global energy major for enterprise data and digital services
• A multi-year programme with a leading American LNG producer for detailed engineering for the client’s liquefaction and export facility

Tech

• A USD 60 million multi-year agreement with a US-based provider of wireless telecommunications services to deliver advanced network software development and application engineering solutions
• A multi-year engagement with a leading global semiconductor platform provider to consolidate advanced lab support operations at a US campus. The engagement will enable streamlined validation, platform bring-up, and post-silicon activities across multiple product lines
• A leading scientific institution has contracted LTTS to provide an advanced AI-powered integrated ICT solution for fire-safety, IoT integration and smart automation
• A new, multi-year deal with a leading medical device manufacturer to deliver comprehensive product development engineering services in the cardiopulmonary segment

Special Initiatives

• A state-of-the-art Engineering Design Center in Plano, Texas, focusing on AI, digital manufacturing, and cybersecurity
• ODC inaugurations in Vadodara, Mysore and Pune to support global clients with advanced engineering solutions, catering to industries like FMCG, energy and automation & automotive
• Partnered with MIT Media Lab to drive AI-led innovations across Mobility, Sustainability and Tech – exploring transformative solutions like Agentic AI and sustainable systems redefining industry paradigms
• Collaborating with SiMa.ai to develop AI-driven solutions in mobility, healthcare and robotics
• OpenHack events in Mysuru and Bengaluru, which witnessed over 650 participants in a 24-hour hackathon, showcasing the company’s collaborative innovation approach. Participating teams developed prototypes across AI & ML, IoT, robotics, cloud, vision analytics, energy efficiency and vehicle communications use-cases, addressing real-world challenges and scenarios
• ‘Illuminate,’ LTTS’s flagship public initiative, debuted in Vadodara in collaboration with the Pandit Deendayal Energy University
• LTTS, in association with ISG & CNBC-TV18, hosted the fourth edition of the ‘Digital Engineering Awards’ in Boston, USA. The event saw 250+ nominations from 17 countries, spanning physical AI, digital engineering and sustainability, among others
• ‘Illuminate 4.0’ was organised in Mysuru in collaboration with NIE, bringing together leading experts from academia and industry. The event engaged an audience of over 2,000 participants, with discussions spanning frontier technologies including UAVs, nanoscience, biosensors, and advanced materials
• The company showcased flagship industrial AI and digital twin solutions including ‘Lights-Out Factory’ for manufacturing and ‘Lung Digital Twin Platform’ for healthcare sector at the globally recognised NVIDIA GTC event

Awards & Accolades

• Inducted into John Deere ‘Supplier Hall of Fame for Six Consecutive Years of Excellence’
• Rated as Leaders in Engineering Research and Development Service Providers, 2025, by HFS
• Rated as Leaders in Aerospace and Defense Services and Solutions 2025 – Overall Ecosystem & Mid-Sized Specialists in Europe by ISG
• Certified during Caterpillar’s 2025 Supplier Excellence Recognition (SER) event
• Rated as Leaders by ISG in the US across key industries, including oil & gas, medical devices and automotive & mobility
• Recognised among CII ’s Top 20 Most Innovative Companies
• Rated as Leaders in Digital Engineering Services 2025 by Avasant
• Honoured with Questel IP Excellence Award 2025 for Contributions to Innovation & Excellence in Intellectual Property
• Rated as Leaders in HFS Semiconductor Horizons: The Best of Service Providers across the Value Chain, 2025
• Rated as Leader in oil and gas for both EAM and AI & Cloud Services – US 2025 by ISG
• Honoured with the Creative Partnership Award for Engineering & Innovation at the Aeronautical Development Establishment (ADE) Awards
• LTTS received the Engineering Innovation Award from the Newmar Corporation, recognising its excellence in delivering high-impact engineering solutions

Key Geographies