FORVIA, L&T Ink €45mn Pact To Boost Clean Mobility By Chitrika Grover/ Updated On Thu, May 2nd, 2024 Highlights : As part of this five-year partnership, approximately 300 engineers from FORVIA’s Augsburg (Germany) and Bangalore (India) sites, have transferred to LTTS. FORVIA, L&T Ink €45mn Pact To Boost Clean Mobility L&T Technology Services signed a strategic partnership with a contract of approximately €45 million with FORVIA. This contract was signed on engineering development activities for the benefit of its Clean Mobility division. As part of this five-year partnership, approximately 300 engineers from FORVIA’s Augsburg (Germany) and Bangalore (India) sites, have transferred to L&TTS. L&T Technology is a global player in engineering and R&D services. FORVIA is the 7th global automotive supplier. This represented a 95% transfer success rate in securing the skills of these teams who will develop internal combustion engine-related engineering activities from within L&TTS. With L&TTS at the helm, these engineers continue their activities for FORVIA from their current locations, guaranteeing seamless collaboration and ongoing support for end customers across digital PLM initiatives. FORVIA is addressing the evolving automotive landscape on ultra-low emissions while ensuring high-quality engineering support and providing opportunities for maintaining employment. The partnership will deliver engineering services for FORVIA. Additionally, not only will it secure the career path of transferred employees, but it will also enrich their skillsets with exposure to LTTS’ extensive portfolio. A key part of the agreement is the capacity given by FORVIA to LTTS to train and reskill these engineers who, supported by the LTTS Global Engineering Academy, will be repositioned over time to work in other fields within the LTTS commercial network. “Our collaboration with FORVIA underscores our proficiency in the transportation and automotive industry, while simultaneously reinforcing our dedication to spearheading progress in the field of traditional engine technologies and new-age digital transformation for ultra-low emissions and clean mobility,” stated Amit Chadha, CEO and Managing Director of L&T Technology Services. This groundbreaking partnership serves as a testament to our sophisticated capabilities, enabling FORVIA to maintain and strengthen its industry leadership.” “L&T Technology Services is a company that shares our commitment to innovation and quality. This strategic partnership shows how we are committed to protecting our leadership in the ultra-low emission business and employee interests in a changing environment. As one of the world’s leading engineering service providers, LTTS is the ideal partner to ensure FORVIA secures key competencies in the energy transition context.” said Patrick Koller, CEO of FORVIA. Tags: Amit Chadha, Bangalore, Clean Mobility division, FORVIA, Germany, L&T Technology, Patrick Koller