L&T Technology Services wins €45 mn deal from France-based auto player FORVIA

As part of this five-year partnership, approximately 300 engineers from FORVIA have been transferred to LTTS

L&T Technology Services (LTTS) has won a deal from France-based automotive supplier FORVIA worth €45 million to deliver engineering services in the clean mobility space.

As part of this five-year partnership, approximately 300 engineers from FORVIA’s Germany and Bangalore sites, have been transferred to LTTS, the company informed the exchanges.

"This represents a 95 percent transfer success rate securing the skills of these teams who will develop internal combustion engine-related engineering activities from within LTTS," the engineering and R&D services firm said.

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These engineers will continue for FORVIA from their current locations, and support collaboration for end customers across digital product lifecycle management initiatives.

LTTS said that under a key part of the agreement it will train and reskill these engineers who, supported by the LTTS Global Engineering Academy, will be placed to work in other fields within the LTTS network over time.

“Our collaboration with FORVIA underscores our proficiency in the transportation and automotive industry, while simultaneously reinforcing our dedication to spearheading progress in the field of traditional engine technologies and new-age digital transformation for ultra-low emissions and clean mobility," CEO and managing director Amit Chadha was quoted as saying in the release.