LTIMindtree Inks Historic 450 Million Agreement

LTIMindtree, one of the leading IT firms, has created history by signing a deal worth USD 450 million with a global agribusiness company for seven years. The IT firm has kept confidentiality about the partnered company’s name. But information regarding the deal has been described.

The Chief executive officer and whole-time director of LTIMindtree, Venu Lambu stated, “We are proud to be the trusted partner for one of the world’s most respected agribusiness companies. Securing this large deal marks a pivotal milestone as we transform to an AI-driven business model, helping our clients enhance productivity.”

LTIMindtree will be utilizing AI-driven operating models to provide assistance in application management, infrastructure support, and Cybersecurity services. The new suite will combine different technologies like IT solutions, proprietary AI, ServiceNow, and Microsoft Azure to enhance the client's operational efficiency, scalability, and worldwide growth.

Nachiket Deshpande, President of global AI services and strategic deals at LTIMindtree highlighted that deal will showcase the company’s strength in crafting innovative solutions effectively and delivering with excellent efficiency. The signed agreement has been expected to strengthen the company’s position in digital transformation services across industries.

This new deal of LTIMindtree with a leading global agribusiness company is crucial for the Indian IT sector, due to the ongoing tariff-related challenges.