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L&T Technology Services signs €50 million deal with European auto manufacturer
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L&T Technology Services (LTTS), a mid-sized engineering and technology services company, has announced a deal worth €50 million ($54 million or around Rs 460 crore) with a European automotive original equipment manufacturer (OEM).
The tenure of the deal or the name of the company was not disclosed.
The Larsen & Toubro (L&T) subsidiary said it would set up a new development centre leveraging software-defined vehicle (SDV) and advanced driver-assistance system (ADAS) capabilities for the client.
The deal was announced just two months after LTTS secured…
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