Aug 22
Tech Turf
Tech Turf
Twin LTTS events give boost to innovative minds
 
In May, the L&T Technology Services(LTTS) organised India’s largest engineering hackathon, TECHgium® 2024. The event brought together over 36,765 students from 503 renowned engineering institutes across the country, all vying to present their innovative concepts in the fields of mobility, sustainability and hi-tech.
 
Held at LTTS Bengaluru campus, TECHgium® 2024 received an impressive 4,426 concept submissions. The winners took home cash prizes totalling more than Rs 18 lakh.
 
The audience was thrilled to have in their midst Dr Tessy Thomas – affectionately known as the Missile Woman of India for her pivotal role in the AGNI missile project. As the chief guest, she delivered an inspiring keynote address that left a lasting impression.
 
Initiated in 2016, TECHgium® has quickly become the most sought-after platform for academia-industry collaboration in engineering innovation. The competition continues to champion innovation and nurture talent, strengthening the vital link between academic learning and practical industry applications.
 
Tech Panorama

LTTS hosted Tech Panorama, an annual event that provides a platform to its employees to share innovative ideas, network with peers, and demonstrate skills. This year, the event featured Proof of Concept (PoC) demonstrations, technical paper presentations and more.
 
The finalists from the ‘Tech Expression’ and ‘The Advent of AI Hackathon’ programmes presented their concepts. Their engaging demos were a display of ingenuity and a celebration of LTTS’ collective pursuit of excellence.
 
The event also celebrated FY24 Inventor’s League and winners of Reveries (an initiative to transform realistic and pragmatic dreams of LTTS employees into reality). Hyperscaler partners who supported the company’s innovation programmes were feted.  
Aug 22
Clean Commuting
Clean Commuting
LTTS’ engineering R&D services powering global mobility giants
 
LTTS has entered a strategic partnership with the French global automotive supplier FORVIA for engineering development activities in Clean Mobility, with a focus on ultra-low emissions engineering. The deal is valued at approximately €45 million (approximately USD 50 million).
 
Under this five-year agreement, about 300 engineers from FORVIA’s sites in Augsburg (Germany) and Bengaluru (India) have transitioned to LTTS. These teams will continue their work on internal combustion engine-related engineering activities, ensuring uninterrupted collaboration and robust support for FORVIA’s Digital Product Lifecycle Management (PLM) initiatives.
 
LTTS will train and reskill these engineers through its Global Engineering Academy. The engineers will be repositioned to various fields within LTTS’ extensive commercial network, enriching their expertise and career prospects.
 
 
Aiding Airbus

At its leading-edge campus in Bengaluru, LTTS runs a Simulation Centre of Excellence (CoE) for Airbus. The state-of-the-art facility helps enhance engineering support for Airbus’ structural simulation activities, unifying and standardising processes across its European business units and aircraft programmes.
 
Equipped with the latest simulation software, hardware and high-performance computational systems, the CoE’s key aim is to boost efficiency and productivity, ensuring timely achievement of critical programme milestones. The CoE has demonstrated significant progress and development since inauguration 18 months ago.
 
Reflecting its deep commitment to fostering innovation and excellence in aerospace engineering and highlighting the dedication to advancing the industry through sustained development and expertise, LTTS has plans to scale it up substantially over the next two years.
Aug 22
Campus to Career
Campus to Career
MBAs from India’s premier institutes get wings with L&T
 
Each year, L&T hires some of the brightest MBAs directly from the campuses of India’s premier business management institutes. This time, the Company recruited 32 such freshly-baked MBAs in domains such as HR, Sales & Marketing, Finance, Operations, Strategy and Analytics.
 
To usher in the newcomers, L&T’s Corporate HR hosted an orientation programme on 12 June to instil in them the organisational ethos, values and vision, and prepare them for the momentous journey ahead. The event was hosted at AMN Tower in Mumbai.
 
Mr Shrikant Joshi (Advisor to L&T CMD) and Dr C Jayakumar (EVP & Head – Corporate HR) and addressed the newbies, enlightening them about the L&T world and inspiring them with the Company’s excellence, forward-thinking and commitment to its values.
 
Dr C Jayakumar said that L&T is committed to nurturing young talent, grooming them to become leaders. Mr Joshi provided insights into L&T’s diverse business ventures and strategic goals, motivating the new recruits to contribute meaningfully to the Company’s growth and success.
 
This was followed by a session on employee well-being, emphasising the importance of work-life balance and adopting habits which, in turn, ensure that employees can perform at their best.
 
The MBAs have now been posted in various L&T businesses like L&T Semiconductor Technologies, L&T-Cloudfiniti, L&T Realty, SuFin and L&T Precision Engineering & Systems.
 
Prior to this, in April, Corporate HR inducted 52 final-year MBA students for a two-month paid internship. They came from prominent business management institutes across India.
 
These interns were placed with different L&T verticals and got to tackle some of the trickiest business challenges. While this helped them gain first-hand knowledge of working in a world-class corporate, L&T benefitted from their fresh perspectives and innovative solutions.
Aug 22
Metro Movers
Metro Movers
Hyderabad Metro and its leadership shine at prestigious fora
 
The MD & CEO of L&T Metro Rail Hyderabad Ltd, Mr K V B Reddy, was a panellist at the fourth InnoMetro held at New Delhi on 21-22 May. Presented by Metro Rail News, InnoMetro is a global conference showcasing innovations in the metro, railway and allied sectors.
 
Mr Reddy participated in the panel discussion on “Pioneering Low-Carbon Solutions in India’s Metro and Railway Sector” and shared his insights alongside other esteemed speakers, i.e. Mr Loknath Behera (MD – Kochi Metro Rail Ltd), Mr Sibi Chakkravarthy M (MD – Madhya Pradesh Metro Rail Corporation Ltd) and Mr Sudhendu J Sinha (Adviser – Infrastructure Connectivity, Transport & Electric Mobility, NITI Aayog).
 
L&TMRHL’s COO, Mr Sudhir Chiplunkar, also attended the event, affirming the company’s commitment to the metro sector.
 
Addressing key issues on balancing affordability with environmental responsibility, Mr Reddy highlighted L&TMRHL’s ongoing green initiatives, including use of renewable energy, rainwater harvesting, regenerative braking and green construction practices.
 
 
AWARDS

L&TMRHL earned two prestigious recognitions at the 10th Telangana Facility Management Council annual summit. It won the awards for:
  • Best Urban Mobility Transformation of the Decade
  • Best Greening the Future Award 2023-24 

 

Held in Hyderabad on 17 May, the theme of the summit was ‘Decade of Dazzle’. The honour highlights L&TMRHL’s commitment to transforming urban mobility and promoting sustainable practices.

Aug 22
Valued Visit
Valued Visit
Union Defence Secretary lauds L&T Katupalli Shipyard as national asset
 
India’s Defence Secretary Mr Giridhar Aramane visited L&T Katupalli Shipyard, near Chennai on 20 April. This visit assumes significance because of the Government’s thrust on ‘Make in India’ and ‘Aatmanirbhar Bharat’ to boost the capital acquisitions programmes of the Indian Armed Forces.
 
Mr Aramane was welcomed by business heads and senior team members and given an overview of the product and project portfolio of L&T Precision Engineering Systems (PES). Some prototypes of the L&T-designed submarine, radar control system, waterjet propulsion and other key systems and products were shown to him.
 
The Defence Secretary toured the various manufacturing shops, the dry and wet berths, as well as the one-of-a-kind shiplift facility – all of which are spread across more than 200 acres. The best practices, latest manufacturing technologies being used for ship construction (such as virtual reality, scanning, laser tracking and laser projection) were showcased.
 
The PES team also gave him a demo of the functional capabilities of unmanned vessels Vega and Maya. Mr Aramane expressed keenness to acquire understanding of the indigenous content of L&T’s unmanned vehicles, the ownership of algorithms and so on.
 
Mr Aramane also graced the plate-cutting ceremony of the third Cadet Training Ship (CTS) which L&T is designing and constructing for the Ministry of Defence.
 
Acknowledging the contribution of L&T to India’s defence sector, Mr Aramane commended L&T for maintaining the best- in-class shipbuilding yard and termed it a “national asset” for its exemplary efficiency, safety and the technological skills that it employs.
Aug 22
Partnering for Success
Partnering for Success
COLLABORATIVE EXCELLENCE
LTIMindtree enters key partnerships with IBM and Vodafone
 
LTIMindtree (LTIM) has collaborated with IBM to establish a global joint Generative AI Centre of Excellence (CoE) in India. A co-innovation centre, it will combine the power of the IBM watsonx AI and data platform and the engineering skills of LTIM.
 
To expand the scope of generative AI applications for digital initiatives of clients, the CoE will utilise the IBM watsonx platform and AI assistants, machine learning (ML), speech recognition, natural language processing and conversational AI to augment end-user experience.
 
The CoE plans to offer a comprehensive suite of services, combining LTIM’s expertise in data and ML model customisation and full-stack engineering with IBM’s watsonx technology including watsonx.ai, watsonx.data, watsonx governance and AI assistants. It will focus on building point solutions to accelerate clients’ generative AI adoption journeys.
 
In another development, LTIM has joined hands with Vodafone to offer connected and smart IoT solutions. Powered by LTIM’s Insight NXT platform (iNXT) and Vodafone’s Managed IoT Connectivity, the solutions will enable Industry X.0 and digital transformation across multiple vertical sectors.
 
LTIM will develop highly scalable end-to-end solutions by leveraging the power of IoT, Metaverse, AI and ML, and deliver secure, connected ecosystems and outcomes over Vodafone’s Managed IoT Connectivity network.
 
Now LTIM’s clients will be able to maximise revenue-acceleration efforts through newer business models, cost efficiency and sustainability. Solutions will be provided to deliver advanced capabilities in AI, ML, predictive maintenance, digital twin, supply chain visibility, sustainability, energy management, worker safety, sensorisation of assets, augmented reality (AR) and virtual reality (VR) training.
 
PROSPECTING IN PUNJAB
L&T-Sufin introduced MSMEs in Ludhiana to its platform
 
L&T-SuFin conducted a knowledge-exchange session for the Micro, Small & Medium Enterprises (MSME) sector at Ludhiana in Punjab in May. Hosted in partnership with Ludhiana Machine Tools Manufacturers Association (LMTMA), over 70 MSME promoter-members of LMTMA attended the session.
 
Present were key LMTMA dignitaries – Mr Amarjeet Singh Sagar (President), Mr Balpreet Singh (General Secretary), Mr Bhupinder Singh (Finance Secretary) and Mr Gurjeet Bhambar (Sr Member).
 
Mr Vivek Chauhan (Chief Commercial Officer – L&T-SuFin) spoke on ‘Creating Efficiencies in Supply Chain Through Digitisation for MSMEs’. The audience evinced deep interest in the session.
Aug 22
Milestone Moment
Milestone Moment
L&T’s Management Development Programme completes 100th batch
 
L&T fosters a culture of nurturing in- house talent by extending training and development opportunities to employees to enable them navigate the business challenges of today and tomorrow.
 
L&T’s flagship training course – the Management Development Programme (MDP) in Individual Excellence, conducted in association with XLRI, Jamshedpur – has reached a milestone: it completed the 100th batch in May.
 
The six-day in-person programme, which kicked off on 6 May, was hosted at L&T’s Leadership Development Academy (LDA) in Lonavala. The batch comprised 60 employees from L&T business verticals from across India.
 
The inaugural ceremony was graced by Mr Rajiv Misra (Professor – XLRI) and Mr M V N Rao (Head – Corporate Learning & Development, L&T). The keynote conversation, an enriching experience for the audience, focused on the MDP’s journey, collaboration, striving towards excellence and its ever-evolving traits.
 
In a subsequent session during the course-week, Mr Arun Ramchandani (EVP & Head – L&T Precision Equipment & Systems) enlightened the participants on continuous learning, reinventing oneself, customer focus, digital technology and being entrepreneurial in mindset.
 
The batch concluded on 11 May, with Dr M G Jomon (Programme Director – XLRI) and Cdr (R) Amit Sharma (Head, Administration – LDA) congratulating the participants.
 
MDP covers general management and functional topics, providing fresh perspectives on Project Management, Finance, B2B Marketing, Personal Mastery and Leadership, Contract Management and Leading Digital in a globally sustainable business environment.
 
The first batch of MDP was conducted in 2006. Through the years, 3,000- odd employees have availed of it. L&T has always elicited excellence from those who have had the privilege of being nominated for this prestigious programme.  

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