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L&T Technology Services Inaugurates Engineering Design Centre in France
Rhea-AI Impact
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Rhea-AI Sentiment
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Rhea-AI Summary
L&T Technology Services Limited has inaugurated its Engineering Design Centre (EDC) in Toulouse, France, focusing on digital solutions for aerospace and defense. The center aims to hire over 100 engineers in two years and will emphasize sustainable next-gen solutions. This expansion follows LTTS's long-standing collaboration with Airbus, highlighting its role as a key engineering partner. The center is expected to boost the region's economy by creating new digital opportunities in avionics and urban air mobility.
Positive
Inauguration of a new Engineering Design Centre in Toulouse, enhancing LTTS's capacity in aerospace and defense.
Plans to hire over 100 engineers over the next two years, indicating job creation and growth.
Focus on sustainable and next-gen engineering solutions, aligning with market trends and priorities.
Strengthened collaboration with Airbus, a major player in the aerospace sector.
Negative
None.
Toulouse centre will accelerate digital transformation for aviation & defence; to ramp up 100 engineers over 2 years
TOULOUSE, France--(BUSINESS WIRE)--
L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, inaugurated its Engineering Design Centre (EDC) in Toulouse, France, to initially cater to the new age digital requirements of the global aerospace and defence sectors.
Seen in the picture during the Ribbon Cutting Ceremony (from left to right): Deepanshu Khurana, Embassy of India; Véronique Canceill, Airbus; Amit Chadha, LTTS; Patrice Vassal, Invest in Toulouse; Marie-Eve Rigollet, Airbus (Photo: Business Wire)
The EDC will initially focus on developing cutting-edge solutions for the aerospace and defence industries and LTTS will work with major OEMs in the region as an engineering partner.
The center will specialize in end-to-end solutions for aerospace design & manufacturing, with a workforce of LTTS engineers having proven expertise in digital engineering, systems engineering and avionics design. LTTS plans to hire over 100 engineers in the next two years for the centre.
LTTS plans to invest and expand the new EDC, giving it a focus on sustainable next-gen solutions such as avionics systems and airlines digital solutions for customer and operations excellence. The centre will also incubate engineering solutions in other domains such as digital plant solutions, hydrogen fuel generation and distribution, to cater to the domestic market.
LTTS has been a strategic supplier with Airbus in India for more than a decade, providing engineering services across verticals such as engineering, avionics and digital, resulting in it being selected as a referenced Engineering, Manufacturing Engineering and Customer Service Engineering Supplier for Airbus. LTTS will now be extending this collaboration to a key geographic location like Toulouse, with the new centre offering end-to-end engineering services for Airbus and its supply chain.
The EDC was inaugurated by Mr. Amit Chadha, Chief Executive Officer and Managing Director at LTTS along with distinguished customers and industry leaders.
Amit Chadha, CEO and Managing Director, L&T Technology Services said, “For over a decade, LTTS has supported global aerospace, defence and manufacturing companies with future-ready, cutting-edge digital and engineering technologies. This in-depth understanding of multiple domains makes LTTS a preferred engineering partner and has helped in building strategic alliances with global customers. The Engineering Centre at Toulouse, one of Europe’s primary Aerospace hubs, perfectly aligns with our goal of heralding a sustainable, greener future in France.”
Thierry Sentous, Conseiller Municipal, Toulouse said, “As a global provider of engineering services, LTTS establishes itself in the Toulouse region with very strong commercial potential and the willingness to develop talented and highly qualified engineering teams. The new LTTS engineering center will participate in the creation of exciting new digital opportunities in the fields of avionics, urban air mobility and defence, and also contribute to strengthening the economic ecosystem of Toulouse and its region.”
LTTS’ global offerings include deep domain technical expertise and tailor-made digital technologies supporting Aerospace OEMs and Tier 1s meet compliance standards, increase quality, and stay competitive in an evolving aviation sector.
About L&T Technology Services Ltd
L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 57 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 20,800 employees spread across 17 global design centres, 28 global sales offices and 89 innovation labs as of March 31, 2022. For more information, please visit https://www.ltts.com/
What is the significance of LTOUF's new Engineering Design Centre in Toulouse?
The new Engineering Design Centre in Toulouse aims to accelerate digital transformation in aerospace and defense, marking a strategic expansion for LTOUF.
How many engineers does LTOUF plan to hire in Toulouse?
LTOUF plans to hire over 100 engineers in the next two years for its Engineering Design Centre in Toulouse.
What industries will LTOUF focus on with its new center in Toulouse?
LTOUF's new center will primarily cater to the aerospace and defense sectors, offering digital engineering solutions.
What collaborative efforts has LTOUF undertaken with Airbus?
LTTS has been a strategic supplier to Airbus for over a decade and will now extend this collaboration through the new center in Toulouse.
How does LTOUF's new center contribute to sustainability?
The Engineering Design Centre is focused on developing sustainable next-gen solutions, including avionics systems and digital solutions for aerospace.
