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    Shell agrees to sell BG Cyprus Limited.

    TMC Announces Changes to Organizational Structure.

    LEXUS Launches “LEXUS Flight” Helicopter Service.

    Ministry of Tourism Signs MoU with IndiGo to Promote India as a Global Tourism Destination .

    Blackstone to Acquire HSBC’s A$36 Billion Australian Home Loan Portfolio.

    Blackstone Energy Transition Partners Announces Agreement to Acquire DarkVision from Koch Engineered Solutions.

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    India as a Tourism Hub .

    Ai+ Smartphone Targets Rs 7,500 Crore Revenue in FY27 after Crossing 2 Million Units Sold Since Launch.

    Air Marshal Sandeep Thareja appointed as DGAFMS w.e.f. August 31, 2026

    Air Marshal Sandeep Thareja appointed as DGAFMS w.e.f. August 31, 2026.

    PHOTO CREDIT-GMR Visakhapatnam International Airport Limited (GVIAL)

    Prime Minister Narendra Modi to Inaugurate Vizag Airport Named Alluri Sitarama Raju International Airport at Bhogapuram on August 1

    PM to visit Andhra Pradesh and Karnataka on 1 August.

    Capri Loans Collaborates with OpenAI to Bring Enterprise-Grade AI to Lending Operations.

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    IndiaAI and Ministry of AYUSH Sign MoU to Accelerate AI Innovation in Traditional Healthcare.

    Capri Loans Collaborates with OpenAI to Bring Enterprise-Grade AI to Lending Operations.

    Shell agrees to sell BG Cyprus Limited.

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    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    CHMP recommends EU approval of Roche’s Susvimo, the first continuous delivery treatment for neovascular age-related macular degeneration (nAMD)

    Fortis Hospitals Mumbai Launches ‘Har Ghar Hero’.

    Apollo Hospitals, Sheshadripuram Introduces iTIND for Young Men with Bladder Neck Obstruction

    Coming Soon: A New AI-Powered Health Companion on Your Wrist

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

  • Technology
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    IBM Study: One in Four Malicious Breaches are AI-Enabled, Costing Companies $6 Million on Average.

    PHOTO CREDIT-IBM

    IBM to Acquire HRL Laboratories to Power the Future of Quantum.

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    CREDIT-SONY

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    HCLTech Logo

    HCLTech delivers robust Q1 led by record deal bookings of $2.4 billion.

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  • Auto

    TMC Announces Changes to Organizational Structure.

    LEXUS Launches “LEXUS Flight” Helicopter Service.

    PHOTO CREDIT-AUDI AG

    Audi Group maintains stable operating profit in the first half of 2026 despite challenging markets.

    Mercedes-Benz India Becomes Title Partner of the Indian Padel Tour, Marking a New Chapter in the Growth of Padel in India.

  • Sports

    BCCI pays tribute to Ajinkya Rahane’s distinguished international career.

    Borrowed Cue to National Heyball Silver: The Remarkable Story of 13 Year Old Md Mustafa

    Srishti, Padmapriya in semifinals of Tennis Europe Super Category.

    BCCI pays tribute to Ajinkya Rahane’s distinguished international career.

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

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    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    PHOTO CREDIT-AIR INDIA

    Air India launches ‘Easy Connect’ flights from Amritsar, connecting Punjab to 27 global destinations

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

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    Karnataka Government allows Bengaluru hotels, restaurants to stay open till 3.30 am for FIFA World Cup

    N.A. Haris, MLA and BDA Chairman, unveils the Mis Skin brand identity, showcasing its proprietary seven-step diagnostic protocol and advanced US FDA-approved technologies.

    Mis Skin, Bengaluru’s New Doctor-Led Dermatology and Aesthetics Chain, Unveiled at JW Marriott Across Five Bengaluru Locations.

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L&T Technology Services and thyssenkrupp Steering Business Unit Enter Into a Strategic Partnership to Establish a Global Software Hub in Pune, India

FWM by FWM
June 30, 2025
in Business
0
Patrick Vith, CEO of thyssenkrupp Steering (L), with Rajkumar Ravindranathan, Chief Business Officer – EMEA & RoW, LTTS (R).

Patrick Vith, CEO of thyssenkrupp Steering (L), with Rajkumar Ravindranathan, Chief Business Officer – EMEA & RoW, LTTS (R).

Budapest, Hungary & Pune, Maharashtra, India —

Patrick Vith, CEO of thyssenkrupp Steering (L), with Rajkumar Ravindranathan, Chief Business Officer – EMEA & RoW, LTTS (R).
  • thyssenkrupp Steering and L&T Technology Services (LTTS) announce strategic agreement to establish software development center in Pune, India
  • The collaboration marks a significant milestone for both companies in enabling modern automotive software solutions
  • LTTS will establish and manage the software hub in Pune on behalf of thyssenkrupp Steering

thyssenkrupp Steering, a global leader in steering systems, and L&T Technology Services (BSE: 540115, NSE: LTTS), a leading global engineering and technology services company, have announced a strategic agreement to establish a state-of-the-art software development center in Pune, India.

This collaboration marks a significant milestone for both companies in enabling modern automotive software solutions. The new center highlights LTTS’ expertise in its Mobility segment, dedicated to developing safety-critical software for advanced steering technologies, while supporting thyssenkrupp’s global engineering expansion. This collaboration further solidifies LTTS’ global reputation in engineering intelligent and sustainable mobility.

LTTS will establish and manage the software hub in Pune on behalf of thyssenkrupp Steering.

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From core vehicle engineering to next-gen software innovation, LTTS enables clients to deliver safer, smarter, and more personalized user experiences — a positioning further validated by its recognition as a Leader by research firm, Everest Group in the ACES Automotive Engineering Services PEAK Matrix Assessment (Electric).

thyssenkrupp Steering has been developing steering systems for many years. The company possesses a deep knowledge of new electrical/electronic (E/E) architectures and software, as well as strong competence in steering technology. Its activities also extend to forward-looking developments such as the Vehicle Motion Control system, which enables higher comfort, advanced safety, and highly autonomous driving through the high-level integration of steering, brakes, drivetrain, and dampers.

“We are excited to partner with LTTS to expand our software capabilities in India,” said Richard Hirschmann, SVP R&D at thyssenkrupp Steering. “This center will play a crucial role in driving innovation and delivering next-generation steering solutions to our global customers.”

Patrick Vith, CEO of thyssenkrupp Steering, emphasized: “We are driven by a clear strategic ambition: to be the most trusted partner for steering solutions worldwide. We aim to shape the future of mobility through innovation, operational excellence, and strong global partnerships.”

Amit Chadha, CEO & Managing Director, L&T Technology Services, said, “This collaboration with thyssenkrupp Steering highlights LTTS’ leadership in the Mobility space. Our expertise in electrification, hybrid systems, and software-defined vehicle architectures drives intelligent, sustainable mobility, supported by 250+ programs, 350 patents, and 45 labs. By adding a prominent Tier-I automotive partner to our portfolio, this partnership reaffirms our role as the go-to innovation partner for future-ready mobility solutions.”

Rajkumar Ravindranathan, Chief Business Officer – EMEA & RoW, L&T Technology Services, said, “We are honored to be part of this significant milestone in thyssenkrupp’s transformation journey. Through this partnership, and by leveraging our deep expertise in building safety-critical, software-led products, LTTS will deliver scale, faster time-to-market, and cost-effective innovation, enabling thyssenkrupp to sustain and grow its market leadership.”

The Pune center will serve as a hub for cutting-edge software development, including embedded systems, functional safety, and cybersecurity, aligning with the growing demand for intelligent and connected vehicle technologies.

FWM

FWM

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