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L&T Technology Services, Nokia sign deal to support engineering in India

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Core Development: L&T Technology Services, Nokia sign deal to support engineering in India
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Market & Financial Impact: The contract brings together LTTS' engineering capabilities with Nokia's telecommunications technology work
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

LTTS will establish a dedicated Offshore Development Center (ODC) in India to support Nokia's engineering and R&D initiatives | Image: Bloomberg

L&T Technology Services on Monday announced a five-year contract with Nokia to support engineering and research and development activities in India.

The contract brings together LTTS' engineering capabilities with Nokia's telecommunications technology work, according to a release.

The release did not divulge the size or financial details of the contract.

Under the agreement, LTTS will support Nokia R&D programs across areas, including product engineering, software development, system integration, and product support.

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Official Publisher Attribution: This report is aggregated from Business Standard. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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