L&T; Technology Services Ltd incorporated in 2012 is a Mumbai India based third-party ER&D; (Engineering, Research and Development) service provider . L&T; Tech provide services to manufacturing, technology and process engineering companies to help them develop and build products, processes and infrastructure required to deliver products and services to their end customers. The company operates in five industry segments; transportation, industrial products, telecom and hitech, process industry and medical devices. It offers design and development solutions throughout the product development chain and provide solutions in the areas of mechanical and manufacturing engineering, embedded systems, software engineering and process engineering. 80.% of the company's revenues is derived from customers in North America and Europe and the majority of its work is executed by employees based out of delivery centers in India using an offshore delivery model. This gives L&T; Tech a competitive advantage in terms of talent pool availability and lower...