LTTS Sells SWC Unit for ₹452 Cr to Sharpen AI Focus

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Strategic Divestment Signed

L&T Technology Services inks Business Transfer Agreement March 25 to sell Smart World & Communication unit to AMI Paradigm for ₹452 crore cash. Transaction closes by September 30, 2026

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SWC Unit Financials

FY25 revenue ₹1,027.95 crore (9.63% of LTTS total). Net worth ₹445.89 crore. Focuses on smart cities, public infrastructure, telecom networks—low-margin segments LTTS wants to exit

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Refocus on High-Growth

CEO Amit Chadha: Reallocating capital to Engineering Intelligence, AI-led Software, Digital Manufacturing. Aligns with 5-year Lakshya Plan targeting faster growth in Mobility, Tech, Sustainability verticals

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Who's Buying

AMI Paradigm, JV between ParadigmIT and AM Intelligence Labs (Greenko founders). Focus: AI for public systems, critical infrastructure. SWC's 700+ engineers, govt contracts complement their AI ambitions

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LTTS Sells SWC Unit for ₹452 Cr to Sharpen AI Focus

Strategic Divestment Signed L&T Technology Services inks Business Transfer Agreement March 25 to sell Smart World & Communication unit to AMI Paradigm for ₹452 crore cash. Transaction closes by September 30, 2026

SWC Unit Financials FY25 revenue ₹1,027.95 crore (9.63% of LTTS total). Net worth ₹445.89 crore. Focuses on smart cities, public infrastructure, telecom networks—low-margin segments LTTS wants to exit

Refocus on High-GrowthCEO Amit Chadha: Reallocating capital to Engineering Intelligence, AI-led Software, Digital Manufacturing. Aligns with 5-year Lakshya Plan targeting faster growth in Mobility, Tech, Sustainability verticals

Who's BuyingAMI Paradigm, JV between ParadigmIT and AM Intelligence Labs (Greenko founders). Focus: AI for public systems, critical infrastructure. SWC's 700+ engineers, govt contracts complement their AI ambitions

With Our Subscription Plans

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Strategic Divestment Signed

L&T Technology Services inks Business Transfer Agreement March 25 to sell Smart World & Communication unit to AMI Paradigm for ₹452 crore cash. Transaction closes by September 30, 2026

SWC Unit Financials

FY25 revenue ₹1,027.95 crore (9.63% of LTTS total). Net worth ₹445.89 crore. Focuses on smart cities, public infrastructure, telecom networks—low-margin segments LTTS wants to exit

Refocus on High-Growth

CEO Amit Chadha: Reallocating capital to Engineering Intelligence, AI-led Software, Digital Manufacturing. Aligns with 5-year Lakshya Plan targeting faster growth in Mobility, Tech, Sustainability verticals

Who's Buying

AMI Paradigm, JV between ParadigmIT and AM Intelligence Labs (Greenko founders). Focus: AI for public systems, critical infrastructure. SWC's 700+ engineers, govt contracts complement their AI ambitions