LTTS bets on manufacturing AI; eyes 80% revenue from six strategic areas in next 5 years

Larsen & Toubro Technologies (LTTS) is investing in artificial intelligence (AI) for manufacturing, aiming to generate 80% of its revenue from six strategic areas within the next five years. This shift towards AI for manufacturing and operations marks a new business direction for the company. The move is significant for the economy as it highlights the growing importance of AI in driving industrial growth and productivity.

Why it matters

LTTS is expanding into a new business area, AI for manufacturing and operations, which could lead to increased revenue. The company is investing in a new lab and has set a target of 80% revenue from six strategic areas in the next 5 years.

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