L&T Technology Services’ multi vertical leadership prowess recognized by Zinnov

Mumbai, India, September 19th, 2013 – L&T Technology Services, the Global Engineering Services division of Larsen & Toubro, announced that it has been rated in the Leadership zone across six industry verticals – Automotive, Telecom, Energy, Industrial Products, Transport and Construction & Heavy Machinery by Zinnov Management Consulting Pvt. Ltd, a leading Globalization and Market Expansion Advisory firm.

In the Industrial Products vertical, L&T Technology Services continues its run at the #1 position in the leadership zone for the third year in a row!!

This recognition reiterates L&T Technology Services’ commitment and focus to bring to market next generation technologies, and solutions in various industry segments it serves. Building on the legacy of Larsen & Toubro, L&T Technology Services is perfectly in step with the business needs, while driving engineering innovation to drive top-line growth for its clients

Remarking on this latest feat, Dr Keshab Panda, Chief Executive, L&T Technology Services said "We are excited to receive this accolade. We are now in the leadership zone for not just Industrial products but across verticals. .The goodwill of our customers and commitment of the entire team has ensured this success. This achievement is a clear indication of our continuous efforts in re-organization of our services to be strategic partners to our customers."

The GSPR study is an initiative of Zinnov. L&T Technology Services featured in the study that follows a structured process of selection from the filtered list of top 75 Research & Development service providers across geographies. Service Providers are assessed on parameters like human capital, product development capabilities, financials, ecosystem linkages and infrastructure & innovation / IP creation.

Zinnov has a distinct framework of classifying the service providers in Nurture, Breakout, Execution and Leadership Zone where leadership zone refers to the ability to provide concept to go-to market solutions for the customers

About Zinnov

Founded in 2002, Zinnov is a leading management consulting company providing advisory services in the area of Global Sourcing, Emerging Markets Expansion and Human Capital Optimization to Fortune 1000 and reputed SMB companies. Zinnov works collectively with clients to tackle prevailing organizational challenges by analyzing the changing dynamics, improving performance, and building institutional capability.