A few years ago, Indian company Tech Mahindra secured a large contract for IT-infrastructure and global service support with Volvo Cars and built a large office in Torslanda. Then followed the Indian consulting giant HCL, who after it took over large parts of the Volvo Group’s IT business, established a delivery centre in central Gothenburg. On 30 October 2018 L&T Technology Services inaugurated its new centre at Lindholmen Science Park in Gothenburg.
A large multinational corporation
Larsen & Toubro (L&T) is one of India’s largest multinational companies and was founded in 1938 in Mumbai by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro. The company’s business areas include engineering, construction, information technology and financial services.
The subsidiary L&T Technology Services, which opened the office in Lindholmen Science Park, offers design, development and testing services of industrial products, medical devices, transportation, vehicles, airline, telecom and process industries.
The company has been involved in the Nordic region for more than a decade through strategic partnerships, with for example, Scania. And following a number of deals with customers including in Gothenburg’s auto cluster, the company is now increasing its presence in the region with the new technology centre.
“Gothenburg has one of Europe's leading automotive clusters with headquarters to some key automotive and technology companies such as Volvo Cars, CEVT, Volvo Group, Ericsson, SKF, AstraZeneca, Zenuity and ESAB,” says Gaurav Gupta, Chief Business Officer, L&T Technology Services.
Big potential in the Gothenburg region
Gaurav Gupta also highlights the open collaborative environment between companies, start-ups, academia and other partners in the region and says that in Gothenburg there are exciting opportunities to work with leading players.
“We see tremendous potential in the Gothenburg region due to its strong industrial ecosystems in many business segments and we intend to expand and broaden our presence here. L&T Technology Services is a global organization that believes in incubating technologies locally and leveraging the huge engineering talent available in India and the ability for scalability,” says Gaurav Gupta.
Currently, L&T Technology Services has more than 50 employees in Gothenburg. Given the strong demand for its services, this figure is expected to grow rapidly.