PALFINGERand L&T Technology Services (LTTS) announce a strategic partnership toestablish a Global Development Centre (GDC) in Pune, marking a significant stepforward in strengthening PALFINGER’s global engineering capabilities.
PALFINGERis setting up a new Global Development Centre together with its partner L&TTechnology Services (LTTS) in Pune, India. The partnership was officiallyinaugurated during a ceremony in Pune where the agreement was signed, layingthe foundation for the long-term collaboration.
"Bypartnering with LTTS, we are significantly expanding our engineering capacityin a key market for future growth. This investment is a direct expression ofReach Higher, our Strategy 2030+, and strengthens our presence in strategicallyimportant regions like APAC with India at the forefront. It’s a strong signalof our commitment to Lifetime Excellence through global integration and localempowerment," says Alexander Susanek, COO at PALFINGER.
AlindSaxena, Executive Director and President, Mobility and Tech, L&T TechnologyServices, said, “The new GDC in Pune will serve as a strategic innovation hubbringing together AI-powered simulation and embedded engineering to helpPALFINGER build future-ready solutions while achieving faster development andimproved cost competitiveness.”
Underthe agreement, LTTS will establish and operate the GDC on behalf of PALFINGER,providing a dedicated team of engineers and experts who will support both localand global development initiatives. Starting with around 20 experts, the teamis meant to grow further along with specific initiatives. Indeed, the team inPune will be closely integrated into PALFINGER’s global engineering network,especially with the Technology Centre in Köstendorf, Austria.
Theinauguration was attended by Alexander Susanek, COO, PALFINGER, Andreas Hille, SVPGlobal Product Line Management and R&D, PALFINGER, and Santhosh Rao, Vice President– Regional Sales and Service, APAC, PALFINGER. From LTTS, attendees includedMritunjay Singh, COO, Dr. Oliver Moron, Vice President, EU-DACH, MohideenFarouk, Sales Director, EU-DACH, Jayant Joshi, Delivery Head, T&OH, Tejas BShah, Delivery Head, Agriculture and Material Handling, and Sachin Nikam, DeliveryManager. L&T Technology Services.