L&T Technology Services Joins Forces with PS Technology to Revolutionize Railways with Advanced Simulation Tech

L&T Technology Services and PS Technology announce a strategic partnership to introduce advanced AI-based simulation technology to the railway sector, establishing a Customer Experience and R&D Center in Faridabad. This initiative aims to enhance operational efficiency and safety for Indian Railways and adjacent markets.

L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leader in digital engineering and R&D services, has announced a strategic partnership with PS Technology (PST), a subsidiary of Union Pacific Railroad, to bring cutting-edge simulation technology to the railways market in India and nearby regions.

The two companies have signed a Memorandum of Understanding (MoU) focusing on the design, development, and supply of advanced AI-based simulation technologies. This collaboration is expected to significantly improve operational efficiency and safety in railway infrastructure both in India and overseas. In line with this agreement, LTTS and PST have established their first Customer Experience and R&D Center (CXC) in Faridabad near New Delhi.

This center will leverage new technologies to set new standards in the Indian railroad sector, offering unparalleled support and innovation. By integrating AI and augmented reality, it aims to enhance safety, decision-making, and resource management for modern-day rail transportation. Senior executives from both companies expressed their excitement, highlighting the transformative potential of this partnership in revolutionizing rail infrastructure.

(With inputs from agencies.)