L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading provider of engineering, digital, and R&D services, has received the prestigious Caterpillar Supplier Excellence Award 2024 from Caterpillar Inc. (NYSE: CAT). The award was presented by Caterpillar’s procurement leadership at the Supplier Excellence Recognition event held in Grapevine, Texas, on September 19, 2024. This recognition highlights LTTS’s commitment to excellence in the Mobility and Sustainability sectors, reflecting its capability to meet customer expectations effectively.
As a significant supplier to Caterpillar Inc., LTTS provides high-quality engineering services to Caterpillar and its global customer base. The company has played a vital role in supporting Caterpillar’s sustainability initiatives, leveraging its expertise across various industries.
During the award presentation, Pam Heminger, Senior Vice President of the Strategic Procurement and Planning Division, stated, “Caterpillar’s manufacturing success relies on the strength and efficiency of our entire supply network. Our customers can create a more sustainable world when our robust supply chain ensures they receive the products they need on time and at the right cost.”
Alind Saxena, Executive Director and President of Mobility & Tech at L&T Technology Services, expressed pride in the recognition, saying, “The world depends on Caterpillar and partners like LTTS to minimize carbon footprints and reduce greenhouse gas emissions while setting new standards for Mobility. We are honored to be acknowledged as a leader in supporting Caterpillar’s sustainability and mobility objectives through our impactful products and services.”
L&T Technology Services (LTTS) is a global frontrunner in engineering and technology services, functioning as a listed subsidiary of Larsen & Toubro (L&T). The company offers comprehensive design, development, testing, and maintenance services across various products and processes.
With a focus on being purposeful, agile, and innovative, LTTS drives growth in the Mobility, Sustainability, and Tech sectors. The company serves 69 Fortune 500 companies and 57 top ER&D firms across diverse industries, including industrial products, medical devices, transportation, telecom and hi-tech, and process industries. Headquartered in India, LTTS employs over 23,700 individuals across 22 global design centers, 30 global sales offices, and 108 innovation labs as of September 30, 2024.