New Delhi, L&T Technology Services (LTTS) on Thursday said it has entered into a 45 million Euro partnership with French automobile company Forvia "for the benefit of the clean mobility divisions" of both the companies.
The five-year partnership, valued at approximately 45 million euros, will provide engineering services for Forvia, LTTS said in a statement.
Under the agreement, approximately 300 engineers from Forvia's Augsburg (Germany) and Bengaluru (India) sites have already been transferred to LTTS. These teams will develop internal combustion engine related activities within LTTS.
The company said these engineers will continue their activities for Forevia from their current locations, "guaranteeing seamless collaboration and continuous support for end customers in digital PLM (product lifecycle management initiatives)".
LTTS will train and reskill these engineers who will be deployed over time to work in other areas within the LTTS commercial network.
The five-year partnership, valued at approximately 45 million euros, will provide engineering services for Forvia, LTTS said in a statement.
Under the agreement, approximately 300 engineers from Forvia's Augsburg (Germany) and Bengaluru (India) sites have already been transferred to LTTS. These teams will develop internal combustion engine related activities within LTTS.
The company said these engineers will continue their activities for Forevia from their current locations, "guaranteeing seamless collaboration and continuous support for end customers in digital PLM (product lifecycle management initiatives)".
LTTS will train and reskill these engineers who will be deployed over time to work in other areas within the LTTS commercial network.
