New Delhi, May 12 — Indian IT services giant LTIMindtree has announced the largest deal in its corporate history, securing a $450 million contract over seven years from a prominent global player in the agribusiness sector.
While the company has not disclosed the name of the client, it confirmed that the strategic agreement marks a significant milestone in its journey towards becoming a fully AI-driven IT solutions provider.
AI-Powered Transformation in Agribusiness
Under the terms of the agreement, LTIMindtree will implement a comprehensive suite of AI-powered IT services. These will include application management, infrastructure support, and cybersecurity solutions tailored to enhance operational efficiency, scalability, and global growth for the client.The company stated that the solution stack will leverage industry-leading platforms such as SAP, S/4HANA, ServiceNow, Microsoft Azure, and proprietary AI frameworks developed by LTIMindtree.
Strategic Vision and Industry Recognition
“This is a pivotal milestone as we transform into an AI-first enterprise, enabling our clients to boost productivity and achieve long-term success,” said Venu Lambu, Chief Executive Officer (Designate) and Whole-Time Director of LTIMindtree. He described the win as a testament to the company’s growing influence in delivering cutting-edge digital transformation solutions.Echoing this sentiment, Nachiket Deshpande, President of Global AI Services and Strategic Deals, emphasized that the deal “underscores LTIMindtree’s strength in crafting innovative, scalable solutions and delivering excellence.”
Reinforcing Global Market Presence
This landmark win further cements LTIMindtree’s reputation as a trusted IT partner in the agribusiness and digital services sectors. The company aims to leverage this partnership to deepen its presence across global markets, particularly in sectors undergoing rapid digital transformation through AI and cloud technologies.With this historic contract, LTIMindtree reinforces its position as a key player in the global IT services landscape, driving innovation in some of the world’s most essential industries.