LTIMindtree Wins $450 Million Agribusiness IT Deal
16 May 2025
2 Min Read
CW Team
LTIMindtree has secured a landmark $450 million contract with a global agribusiness leader, marking the largest deal in the company鈥檚 history. The seven-year agreement will see the firm deploy an AI-powered operating model to provide application management, infrastructure support, and cybersecurity services.
The new digital model, underpinned by platforms such as SAP S/4HANA, Microsoft Azure, and ServiceNow, as well as LTIMindtree鈥檚 proprietary AI frameworks, aims to boost the client鈥檚 operational efficiency, scalability, and global expansion capabilities.
Announcing the deal on Monday, LTIMindtree highlighted its strategic significance amid macroeconomic challenges currently affecting the IT services industry.
鈥淪ecuring this large deal marks a pivotal milestone as we transform into an AI-driven business model, helping our clients enhance productivity,鈥� said Venu Lambu, Chief Executive Officer (Designate) and Whole-Time Director.
Nachiket Deshpande, President of Global AI Services and Strategic Deals, added, 鈥淲inning this important deal underscores our strength in crafting innovative solutions and delivering with excellence.鈥�
Samir Gosavi, Chief Business Officer 鈥� Retail and CPG, described the contract as a major breakthrough for the firm鈥檚 consumer services division. 鈥淥ur AI-driven operating model will deliver measurable business impact in a rapidly evolving industry,鈥� he said.
LTIMindtree, India鈥檚 sixth-largest IT services provider, recently reported a consolidated net profit of Rs 1.13 billion for the March 2025 quarter, up 2.6 per cent year-on-year. Revenue rose 10 per cent to Rs 97.72 billion from Rs 88.93 billion a year earlier.
For the full financial year FY25, revenue grew 7 per cent. The company also reported annual order inflow of $6 billion, representing a 6 per cent increase compared to the previous year.
LTIMindtree has secured a landmark $450 million contract with a global agribusiness leader, marking the largest deal in the company鈥檚 history. The seven-year agreement will see the firm deploy an AI-powered operating model to provide application management, infrastructure support, and cybersecurity services.The new digital model, underpinned by platforms such as SAP S/4HANA, Microsoft Azure, and ServiceNow, as well as LTIMindtree鈥檚 proprietary AI frameworks, aims to boost the client鈥檚 operational efficiency, scalability, and global expansion capabilities.Announcing the deal on Monday, LTIMindtree highlighted its strategic significance amid macroeconomic challenges currently affecting the IT services industry.鈥淪ecuring this large deal marks a pivotal milestone as we transform into an AI-driven business model, helping our clients enhance productivity,鈥� said Venu Lambu, Chief Executive Officer (Designate) and Whole-Time Director.Nachiket Deshpande, President of Global AI Services and Strategic Deals, added, 鈥淲inning this important deal underscores our strength in crafting innovative solutions and delivering with excellence.鈥漇amir Gosavi, Chief Business Officer 鈥� Retail and CPG, described the contract as a major breakthrough for the firm鈥檚 consumer services division. 鈥淥ur AI-driven operating model will deliver measurable business impact in a rapidly evolving industry,鈥� he said.LTIMindtree, India鈥檚 sixth-largest IT services provider, recently reported a consolidated net profit of Rs 1.13 billion for the March 2025 quarter, up 2.6 per cent year-on-year. Revenue rose 10 per cent to Rs 97.72 billion from Rs 88.93 billion a year earlier.For the full financial year FY25, revenue grew 7 per cent. The company also reported annual order inflow of $6 billion, representing a 6 per cent increase compared to the previous year.
Next Story
Dr Ajay Kumar Takes Over as UPSC Chairman
Dr Ajay Kumar, Former Secretary, Ministry of Defence took the Oath of Office and Secrecy as Chairman, Union Public Service Commission today. The Oath was administered by Lt Gen Raj Shukla (Retd.), the senior most Member of the Commission.Having pursued a B Tech. in Electrical Engineering from the Indian Institute of Technology, Kanpur, Dr Ajay Kumar has done his MS in Applied Economics from the University of Minnesota, USA and PhD in Business Administration from Carlson School of Management, University of Minnesota, USA. He was also conferred an Hon. Doctor of Philosophy by Amity University in..
Next Story
MSME Ministry Invites Applications for National Award 2024
The Ministry of Micro, Small and Medium Enterprises (MSME) has acknowledged the significant contributions made by MSME entrepreneurs and aims to motivate and encourage them by presenting National Awards for outstanding performance. Currently, there are 35 National Awards offered to MSMEs across various categories. Special provisions have been made to recognize MSMEs led by women entrepreneurs, those belonging to Scheduled Castes (SC) and Scheduled Tribes (ST), and entrepreneurs from the North Eastern Region.Under this scheme, selected MSMEs are honored with a trophy and certificate, along with..
Next Story
MoS Murlidhar Mohol Inaugurates New ATC Tower at Kolhapur Airport
Today marked a significant moment for Maharashtra鈥檚 aviation growth as Union Minister of State for Civil Aviation Murlidhar Mohol inaugurated the new ATC Tower cum Technical Block cum Fire Station at Kolhapur Airport, and flagged off the inaugural Star Air flight between Kolhapur and Nagpur. Under the visionary leadership of Prime Minister Narendra Modi and proactive guidance of Union Minister for Civil Aviation Ram Mohan Naidu, these upgrades aim to enhance air safety, bolster emergency services, and strengthen regional air connectivity across Maharashtra. The Minister expressed deep g..
