LTIMindtree has officially announced a major contract worth $100 million with a European MedTech firm, following a formal press release submitted to stock exchanges under Regulation 30. The comprehensive seven-year agreement positions the company to deliver specialized technology services in the healthcare sector, marking a significant business win for the IT services company.

Official Announcement Details

The company filed the announcement with both NSE and BSE on February 23, 2026, through Company Secretary & Compliance Officer Angna Arora. The press release, titled "LTM Wins a $100million Deal with European MedTech," was submitted for public dissemination and regulatory compliance.

Contract Specifications

The substantial engagement encompasses development and support services specifically focused on hearing solutions technology. LTIMindtree will develop and support the MedTech company's primary hearing instrument brands and private labels, including core wearable devices, fitting applications for hearing care professionals, and mobile applications for device control.

Strategic Implementation

The agreement will leverage LTIMindtree's iNXT platform, described as a cross-industry digital transformation and innovation platform designed to help enterprises manage the convergence of physical and digital worlds. Additionally, LTIMindtree will lead and navigate complex MedTech compliance and regulatory frameworks for the client.

This contract win demonstrates LTIMindtree's growing capabilities in the healthcare technology sector, particularly in specialized areas such as hearing solutions. The seven-year duration provides substantial revenue predictability and allows the company to build deep domain expertise while strengthening its presence in the European healthcare technology market.

LTIMindtree Limited has announced a strategic 5-year partnership with the Indian Institute of Creative Technologies (IICT) to develop India's next-generation creative technology talent pipeline. The collaboration, announced on February 19, 2026, aims to address the growing convergence of creative industries with advanced technologies such as AI, real-time rendering, virtual production, and immersive media.

Partnership Framework and Objectives

The strategic collaboration leverages LTIMindtree's BlueVerse CraftStudio capabilities to strengthen industry-aligned skilling and workforce readiness across multiple creative technology segments. The partnership focuses on developing talent for advertising, films, immersive media, and digital storytelling sectors.

Training Program Structure

IICT will design and deliver comprehensive training programs aligned with industry's evolving skill requirements. The curriculum covers tech-enabled advertising, AI-driven creative workflows, virtual production, and immersive storytelling. LTIMindtree's BlueVerse CraftStudio will provide role-based frameworks to ensure curriculum alignment with real-world enterprise requirements and global standards.

Students participating in the program will gain practical experience through:

• Live project exposure
• Industry internship opportunities
• Direct industry interactions
• Hands-on experience in creative and AI-driven production

Leadership Perspectives

Dr. Sujay Sen, Executive Vice President & Global Head of Interactive Services at LTIMindtree, emphasized the strategic importance of the partnership. "As creativity and technology converge, building industry-ready talent is no longer optional, it's essential. This collaboration with IICT helps us shape a future workforce that can create, scale, and innovate for the global creative economy," he stated.

Dr. Vishwas Deoskar, Chief Executive Officer of IICT, highlighted the alignment benefits. "Partnering with LTIMindtree allows us to directly align learning with real-world creative and AI-driven production needs. Together, we are preparing talent that is job-ready, future-focused, and globally relevant," he noted.

Strategic Impact

The partnership represents a significant step toward creating a sustainable talent pipeline that supports India's expanding influence in global content, media, and digital experiences. By aligning academia, industry, and emerging technology, the collaboration addresses critical skill gaps in the rapidly evolving creative technology landscape.

LTIMindtree operates as a Larsen & Toubro Group Company with over 87,000 employees across 40 countries. The company positions itself as an AI-centric global technology services provider and Business Creativity partner to transformative enterprises worldwide.