LTIMindtree [NSE: LTIM, BSE: 540005], a global technology and digital solutions provider, has entered into a strategic seven-year agreement valued at $450 million with a major player in the international agribusiness sector. This represents the largest contract secured by the company to date.
Under the agreement, LTIMindtree will deploy an AI-enabled operating framework to manage applications, provide infrastructure support, and strengthen cybersecurity. The services will leverage platforms including SAP S/4HANA, ServiceNow, Microsoft Azure, and the company’s proprietary AI technologies to enhance the client’s efficiency, scalability, and global expansion.
The Chief Executive Officer (Designate) and Whole-Time Director, Venu Lambu, noted that this engagement reflects a significant step in LTIMindtree’s shift toward AI-centric service delivery. Nachiket Deshpande, President – Global AI Services, emphasized the company’s ability to deliver tailored solutions with consistency and impact.
Samir Gosavi, Chief Business Officer – Retail and CPG, described the deal as a defining moment for the consumer services division, particularly in addressing the evolving needs of the agribusiness sector.
LTIMindtree is a global technology consulting and digital solutions company formed through the merger of Larsen & Toubro Infotech (LTI) and Mindtree in 2022, creating one of India’s largest IT services firms. Operating as a subsidiary of Larsen & Toubro, it delivers end-to-end digital transformation services to clients across industries such as banking, manufacturing, healthcare, retail, and travel.
With a strong global presence, LTIMindtree combines deep domain expertise with advanced technology capabilities, including cloud computing, artificial intelligence, data analytics, and cybersecurity. The company leverages its integrated strengths to drive innovation and efficiency for clients, positioning itself as a key player in the competitive global IT services landscape.
