L&T Tech Services bags five-year Nokia contract to support R&D in India
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- ✓L&T Technology Services signed a five-year contract with Nokia on Monday to support research and development in India.
- ✓The firm will set up a dedicated offshore development centre for 5G and AI projects.
- ✓Vivek Jaiswal said, "India is an important innovation hub for Nokia, and LTTS is a critical partner."
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Standard
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
The partnership will establish a dedicated offshore development centre in India, with work spanning 5G networks, AI-driven operations, software development and next-generation telecom infrastructure
L&T Technology Services (LTTS) has signed a five-year contract with Nokia to support the Finnish telecom equipment maker's engineering and research and development activities in India, the company said in an exchange filing on Monday.
Under the agreement, LTTS will back Nokia R&D programmes in product engineering, software development, system integration and product support. It will set up a dedicated Offshore Development Center (ODC) in India for the work, and create a separate engineering team to support Nokia's Technology Center globally.
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