What is the history of LTI?
Larsen & Toubro Infotech, commonly known as LTI, was founded in 1996 as a wholly owned subsidiary of the Indian engineering giant Larsen & Toubro, initially established to provide information technology services and software solutions. Over subsequent decades, the company expanded its global footprint, delivering digital transformation, cloud computing, data analytics, and enterprise consulting services to multinational clients worldwide. In 2016, LTI completed a successful initial public offering on Indian stock exchanges. In 2022, the enterprise executed a massive, highly anticipated corporate merger with Mindtree to form LTIMindtree, creating one of India's largest and most competitive global technology consulting and digital solutions powerhouses.
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LTIMindtree is not identical to Larsen & Toubro (L&T), but functions as a major publicly traded subsidiary controlled by the parent engineering conglomerate.
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LTIMindtree works on complex digital transformation, enterprise software engineering, cloud migration, and data analytics projects for global corporations across banking, manufacturing, healthcare, and retail sectors.
Larsen & Toubro is a quintessential Indian multinational corporation, recognized widely as the crown jewel of India's engineering, construction, and manufacturing industries.
LTIMindtree is a prominent IT services and digital solutions company headquartered in Mumbai, India, renowned for its expertise in assisting global enterprises through their digital transformation journeys.
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LTIMindtree Limited is a global technology consulting and digital solutions enterprise that helps global corporations navigate digital transformation through comprehensive software engineering and IT services.
LTIMindtree is widely recognized as a premier global technology consulting and digital solutions provider, ranking among the top IT services enterprises in India.
LTIMindtree Limited reports annual revenues of approximately $4.0 billion USD (translating to ₹38,997 crore in regional reporting metrics), confirming its powerhouse status as a leading global technology consulting and digital solutions enterprise.