LTTS signs five-year engineering contract with Nokia
LTTS has agreed a five-year engineering and R&D deal with Nokia, setting up an offshore centre in India for 5G and AI work, according to Moody's.
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what happened
According to Moody's, L&T Technology Services (LTTS) has entered a five-year agreement with Finland's Nokia to back its engineering and R&D work carried out in India. The deal foresees an offshore development centre in India and a separate engineering team that will operate alongside Nokia's global technology centre.
The scope includes designing products, writing software, integrating systems and supporting finished products. Focus areas are 5G networks, intelligent automation, AI-powered network operations and AI infrastructure.
The report does not give the size of the team, the investment or the expected financial value of the contract.
why it matters
For the market this is a mid-sized contract, since no value was disclosed, so its financial effect on LTTS is hard to gauge. It shows telecom companies keep tapping engineering resources in India, and gives LTTS a long-term project pipeline in telecom and AI.
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- LTTS Signs 5-Year Engineering Deal With Nokia — Moody's, 27 October 2026 at 13:42 UTC
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