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Markets: LTTS’ Toulouse EDC to focus on aerospace-defence industries

Fiinews by Fiinews
June 29, 2022
in Markets
Reading Time: 2 mins read
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LTTS

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.

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Sentous says LTTS is in the Toulouse region with very strong commercial potential

L&T Technology Services Limited (BSE: 540115, NSE: LTTS) has inaugurated its Engineering Design Centre (EDC) in Toulouse, France, to initially focus on developing cutting-edge solutions for the aerospace and defence industries and work with major OEMs in the region as an engineering partner.

LTTS has announced plans to hire over 100 engineers in the next two years for the centre which will specialize in end-to-end solutions for aerospace design & manufacturing.

LTTS further said it 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 for 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 Amit Chadha, Chief Executive Officer and Managing Director at LTTS, along with distinguished customers and industry leaders.

Chadha 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 as well as 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. fiinews.com

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