Mumbai: Switzerland-based global major Schindler, provider of elevators, escalators, moving walks, and related services, has selected India’s L&T Technology Services Ltd (LTTS) to provide innovative capabilities for its digital and engineering transformation.
Under the multi-year engagement, LTTS will help Schindler accelerate its digitization and connectivity initiatives.
According to the agreement, LTTS will provide product development, innovation, and engineering services and solutions that will help Schindler to accelerate its digitization and connectivity initiatives.
Karl Heinz Bauer, Chief Technology Officer (CTO), Schindler said: “As a global player in the elevator and escalator industry, we leverage the new digital technologies to introduce best-in-class solutions to our customers. We look forward to the synergies arising from our future collaboration with LTTS.”
Prabhakar Shetty, Global Head of Digital Manufacturing Services at LTTS said, “Innovations such as digital twin technology, build to automation, and the advancements in wireless connectivity are accelerating Industry 4.0 adoption. Schindler is a pioneer in the elevator and escalator industry and through this alliance, we commit to supporting Schindler in matching new-age innovations with traditional engineering.”
LTTS is a listed subsidiary of Larsen & Toubro Ltd focused on Engineering and R&D (ER&D) services. It offers consultancy, design, development, and testing services across the product and process development life cycle. Its customer base includes 69 Fortune 500 companies and 53 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom and hi-tech, and the process industries.
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