DBT Bureau
Pune, 25 March 2026
L&T Technology Services Limited (LTTS) said it is increasing its focus on manufacturing, industrial, and technology sectors, with Engineering Intelligence (EI) at the core of its next 5-year roadmap. As part of this strategy, the company has divested its Smart World and Communication (SWC) business to AMI Paradigm Solutions Private Limited, an AI-focused entity formed by ParadigmIT and AM Intelligence Labs.
The divestment will help LTTS allocate more capital to high-growth areas like Engineering Intelligence. Under its 5-year Lakshya Plan, the company is focusing on six key technology areas to drive growth across its Mobility, Tech, and Sustainability segments, while strengthening its position as a global engineering intelligence partner.
Amit Chadha, CEO and Managing Director, L&T Technology Services said, “As we pursue longterm value creation for our stakeholders, we are reframing our strategic bets, with EI, Software and Digital Manufacturing as key focus pillars in our select segments of Mobility, Sustainability and Tech. We believe these will drive faster growth opportunities for LTTS. AMI Paradigm, by integrating SWC’s public sector capabilities, will strengthen its AI offerings, while creating a robust platform for Smart World employees and delivering enhanced value to our existing clients”.
Anil Chalamalasetty, Chairman, AM Group, said, “Advances in clean energy, high-performance computing infrastructure, and accelerator chipsets are unlocking unprecedented AI compute power. The real transformation, however, lies in translating this foundation into domain-specific intelligence and real-world applications. The Smart World & Communication business represents this critical layer, operationalizing AI for mission-critical systems across governments, cities, utilities, transport networks, and enterprises, enabling more autonomous, data-driven infrastructure and decision-making.”
Sridhar Gadhi of ParadigmIT added “Over the past two years we have been investing in the operating layer for enterprises and public systems. With the coming together of ParadigmIT and the Smart World business, we would be building an AI-led platform focused on domain-specific models, sovereign AI architectures, and outcome-driven systems for governments and enterprises”