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L&T Technology Services earns recognition as a John Deere 'Partner-level Supplier'



Posted On : 2024-09-03 11:50:50( TIMEZONE : IST )

L&T Technology Services earns recognition as a John Deere 'Partner-level Supplier'

L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, has earned recognition as a Partner-level supplier for the fourth year in a row in the John Deere Achieving Excellence (AE) Program.

The Partner-level status is Deere & Company's highest supplier rating. Indiaheadquartered LTTS has been selected for the honor in recognition of its dedication to providing products and services of outstanding quality as well as its commitment to continuous improvement.

LTTS is a provider of multiple services to John Deere, including engineering services spanning areas like digital, product simulation, embedded software development & validation, mechanical design, cost management and analysis.

Suppliers who participate in the Achieving Excellence program are evaluated annually in several key performance categories, including quality, delivery, process alignments, value creation, and relationship. John Deere Supply Management created the program in 1991 to provide a supplier evaluation and feedback process that promotes continuous improvement.

Alind Saxena, Executive Director & President, Mobility & Tech at L&T Technology Services, said, "We are honored to receive the Partner level recognition for the fourth time from John Deere. Our technology-led, long-standing expertise in product innovation has helped strengthen our relations with an industry leader like John Deere. This recognition is an example of our commitment to provide the best-in-class solutions and exceed expectations of our global customers."

Shares of L&T Technology Services Limited was last trading in BSE at Rs. 5715.20 as compared to the previous close of Rs. 5812.25. The total number of shares traded during the day was 12140 in over 2461 trades.

The stock hit an intraday high of Rs. 5870.70 and intraday low of 5705.00. The net turnover during the day was Rs. 69885546.00.

Source : Equity Bulls

Keywords

LandTTechnologyServices INE010V01017 LTTS JohnDeere Recognition PartnerLevelSupplier