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LTTS Helps Deeptech Startups Move Prototypes Toward Global Markets

LTTS Helps Deeptech Startups Move Prototypes Toward Global Markets
LTTS helps deeptech startups go to market · financialexpress.com

L&T Technology Services is helping 12 deeptech startups turn early inventions into products that customers can buy.

The programme is called LTTS FARM.

It gives startups engineering help, access to laboratories, and introductions to large business customers.

The companies work in areas such as robots, healthcare, artificial intelligence, and industrial technology.

Many of them already have prototypes but need real customers to test and improve them.

LTTS will help them join business proposals, hold customer meetings, and demonstrate their products.

The programme is mainly about market experience rather than giving money.

LTTS also hopes the work will bring new technologies and patents into its own business.

The company says Indian startups can create products for markets around the world.

Key facts

Programme
LTTS FARM
Participating startups
12 deeptech startups
Target technology readiness levels
TRL 4 through TRL 8
Support offered
Engineering expertise, industry access, enterprise exposure, and access to LTTS labs and facilities
Focus areas
Software-defined mobility, plant modernization, energy and industrial automation, digital manufacturing, next-generation computing and data centers, software platforms, and MedTech
Funding approach
Funding may be possible, but investment is not the programme’s primary focus
LTTS artificial-intelligence patents
About 250, according to CTO Ashish Khushu

Quotes

Ashish Khushu

Chief technology officer of L&T Technology Services

“For a product to mature and meet the global benchmarks in quality and competitiveness, these startups have to have access to marquee ER&D customer spend.”
financialexpress.com
“Products can’t mature themselves sitting in labs. They have to be a part of the cycle in the market to mature faster.”
financialexpress.com

Sources

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