L&T Technology Services, a privately owned company headquartered in India, was founded in 2012 and employs approximately 31,240 individuals. The company specializes in providing Engineering Services, specifically focusing on Engineering and R&D (ER&D) services, engineering design, product development, smart manufacturing, and digitalization.

Revenue

Founded

2012

Headcount

31,240

Headquarters

India

Primary Segment

Engineering Services

Ownership

Privately Owned

Deployments

2

News Summary:

L&T Technology Services Ltd. is repositioning for long-term growth, focusing on high-value AI-led engineering services under its Lakshya 31 strategy, prioritizing revenue quality after exiting low-margin segments as of May 2, 2026. The company reported strong deal wins and improving margins, supporting a scalable business. This follows a period where the company significantly expanded its business, growing from $60 million to $1.5 billion, surpassing an earlier goal of $500 million. Previously, on April 27, 2026, L&T Technology Services announced the appointment of Rajeev Gupta, who joined as Chief Financial Officer in 2020, as an Executive Director (Additional Director) effective April 22, 2026, pending shareholder approval. Gupta has nearly three decades of finance leadership experience across multinational organizations.
L&T Technology Services offers 4 products in the media tech and telecoms tech industries. L&T Technology Services's product portfolio comprises of broadcast professional services, telecoms network infrastructure, video business systems and user experience and devices.
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L&T Technology Services's customers primarily consist of telecoms and automation Machinery Manufacturing companies. Examples of L&T Technology Services's customers include BSNL (Bharat Sanchar Nigam Limited) and OEM International. L&T Technology Services has commercial and technical partners like Zodiac Systems and Shell. L&T Technology Services has suppliers like Thales.

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