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Markets: LTTS says Krakow centre to lead expansion in Eastern Europe

Fiinews by Fiinews
May 26, 2022
in Markets, Technology
Reading Time: 3 mins read
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LTTS

From right to left: Jagyan Mishra, Delivery Head (Europe) at LTTS, Abhishek Sinha, Chief Operating Officer and Member of the Board at LTTS, Jerzy Muzyk, Deputy Mayor of the City of Krakow, Ambassador to Poland Nagma Mohamed Mallick, Lukasz Słoniowski, President of the Board at Investor Support Krakow and Rajkumar Ravindranathan, Chief Business Officer at LTTS, during the inauguration of the ER&D centre.

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Europe-North America to benefit from LTTS’ expertise in new age engineering, says Sinha

L&T Technology Services Limited (BSE: 540115, NSE: LTTS) has inaugurated its Engineering, Research and Development (ER&D) centre in Krakow for catering to global customers and leveraging cutting edge technologies in the Automotive, Mobility and Hi-Tech domains.

LTTS said it plans to hire up to 300 engineers in the next three years for the state-of-the-art centre, marking expansion into Eastern Europe.

The centre will be contributing to the growth of regional economy, delivering cutting-edge technology and supporting major projects through its innovative engineering processes, said LTTS on 26 May 2022.

The ER&D centre will cater to several major customers in Europe and North America, including a US-based automotive Tier 1 company.

In the new Engineering R&D Centre, LTTS will work on both software and hardware development of product lines.

The centre is part of LTTS’ global delivery model and is a logical extension of LTTS’ Munich, Gothenburg and Jerusalem engineering centres. It will bring in specialized competencies along with local talent.

The ER&D centre was officially inaugurated by the Deputy Mayor of the City of Krakow, Jerzy Muzyk, and the Indian Ambassador to Poland, Nagma Mohamed Mallick, in the presence of Abhishek Sinha, Chief Operating Officer and Member of the Board, L&T Technology Services.

Known for imparting first-class technical education, academic ecosystem and infrastructure, Poland provides a pool of talented engineers who are setting a benchmark in cutting-edge technology.

LTTS will also utilize its in-house Global Engineering Academy (GEA) to enable employees to reskill and upskill their domain knowledge and align it to customer requirements, while exploring collaboration opportunities with AGH University Krakow, Krakow University of Technology and UK-based Coventry University to expand the engineering talent pool in Poland.

“By establishing this important centre in Poland, we aim to make our customers in Europe and North America benefit from LTTS’ long-standing expertise in new age engineering and embedded technologies,” Sinha said.

“We also seek to tap into the local engineering talent pool for many of our mission critical global programs, and will work with the local administration and the academia to further develop the local ecosystem. We would also like to express our gratitude for all the support we have received from government institutions and local authorities.”

Jerzy Muzyk, Deputy Mayor of the City of Krakow, commented on the inauguration, “We welcome the investments from an Engineering Services leader like LTTS. With LTTS set to contribute in important aspects like technology advancements, R&D and skill building for young engineers, I am optimistic that the local population will benefit greatly from this ER&D Hub.”

L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services.

Headquartered in India, LTTS has over 20,800 employees spread across 17 global design centres, 28 global sales offices and 89 innovation labs as of 31 March 2022. fiinews.com

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