L&T Technology Services
Indian engineering R&D services company of about 23,800 people with 22 global design centres
What is L&T Technology Services?
L&T Technology Services was set up in 2012 as part of the Larsen & Toubro group and is listed in India. It had 23,830 employees at the end of March 2026, with 22 global design centres. It works across transport, industrial products, telecoms, plant engineering and medical devices, with stated focus areas including 5G, digital manufacturing and medtech. IoT appears across these sectors rather than as a separate business.
L&T Technology Services works primarily with clients in Industrial equipment, Healthcare and medical devices, Telecoms, Automotive sectors. What sets it apart: Large engineering R&D capacity with industrial group backing.
L&T Technology Services tech stack and services
| Service area |
|---|
| Firmware |
| Electronics & PCB |
| IoT Cloud |
| Dedicated Teams |
L&T Technology Services pricing
Short answer: L&T Technology Services uses a time and materials, managed service pricing approach. Minimum engagement is not publicly disclosed; a discovery call is required.
| Engagement model | Typical range | Best for |
|---|---|---|
| Dedicated team | Variable; depends on team size | Large programmes or team augmentation |
| Managed service | Variable; depends on team size | Large programmes or team augmentation |
L&T Technology Services pros and cons
| Advantages | Things to consider |
|---|---|
| +Big engineering bench at Indian rates | -Third-party headcount estimates vary widely |
| +Industrial heritage from Larsen & Toubro | -Better for capacity than for product ownership |
| +Medtech and telecoms experience |
L&T Technology Services vs alternatives
How L&T Technology Services compares to the other top IoT Development companies.
| Company | Best for | Main difference | Rating | Compare |
|---|---|---|---|---|
| Lemberg Solutions | Connected products needing hardware, firmware and cloud. | Electrical engineering, FPGA, RTOS and embedded Linux work alongside cloud, data and app teams in one company | 4.8 | Full comparison |
| Softeq | US companies wanting a domestic full-stack IoT partner. | Nearly three decades of US-led engineering, with custom hardware and firmware under the same roof as cloud and apps | 4.6 | Full comparison |
| Promwad | Mass-produced electronics, Linux and FPGA designs. | Two decades designing devices for volume production, with offices across five EU countries | 4.5 | Full comparison |
| Witekio | Embedded Linux, board support and device updates. | Embedded software specialist backed by Avnet's component supply chain | 4.4 | Full comparison |
| ByteSnap Design | UK hardware projects, ATEX and EV charging. | UK-based board and firmware design with services that continue after the product ships | 4.4 | Full comparison |
| Cambridge Consultants | Novel sensing and wireless, first-of-a-kind devices. | Scientists and engineers able to invent the technology a product needs, not just integrate existing modules | 4.4 | Full comparison |
| Zühlke | Regulated connected devices, medtech. | Swiss quality processes applied to connected medical and industrial products | 4.3 | Full comparison |
| Etteplan | Industrial machinery makers, Nordic buyers. | Mechanical, electrical and embedded engineering in one listed company | 4.3 | Full comparison |
| Bluefruit Software | Embedded software for medical and scientific devices. | Employee-owned embedded software team with a strong testing culture | 4.3 | Full comparison |
| Sirin Software | Firmware and IoT apps at Ukrainian rates. | US contracting with a Kyiv embedded team | 4.2 | Full comparison |
| Indeema Software | IoT-focused boutique, firmware plus cloud. | A company built around IoT from day one, with its own R&D hub | 4.2 | Full comparison |
| Integra Sources | Budget hardware and firmware for start-ups. | Electronics design and firmware at some of the lowest rates on this list | 4.2 | Full comparison |
| Very | Funded US product teams, platform-heavy IoT. | US-only distributed team with strong product management and platform engineering | 4.2 | Full comparison |
| Jaycon | Design plus manufacturing from one vendor. | Takes a device from industrial design to production runs, including enclosures | 4.1 | Full comparison |
| Embitel Technologies | Automotive and connected-vehicle IoT. | Automotive embedded engineering backed by Volkswagen Group ownership | 4.1 | Full comparison |
| Spyrosoft | Embedded and automotive teams at Polish rates. | Large embedded and automotive teams inside a listed Polish group | 4.1 | Full comparison |
| N-iX | IoT platforms needing large data and cloud teams. | Big cloud and data bench to put behind a device programme | 4.1 | Full comparison |
| Intellias | Connected vehicles, navigation and infotainment. | Automotive connectivity work recognised by Frost & Sullivan and BlackBerry | 4.0 | Full comparison |
| SoftServe | Cloud IoT platforms and digital twins. | Cloud partner depth and large teams for IoT data platforms | 4.0 | Full comparison |
| Sigma Software | Embedded and cloud teams under Swedish ownership. | Scandinavian governance with Ukrainian and Polish embedded engineers | 4.0 | Full comparison |
| Cogniteq | IoT MVPs with an EU-based vendor. | Mid-sized EU vendor that covers IoT apps and some hardware engineering | 4.0 | Full comparison |
| MobiDev | IoT apps with AI or AR features. | Combines IoT software with computer vision and AR skills | 3.9 | Full comparison |
| ScienceSoft | IoT dashboards and business-system integration. | Long software consulting history applied to IoT monitoring platforms | 3.9 | Full comparison |
| GlobalLogic | Large industrial IoT programmes, Hitachi ecosystem. | Chip-to-cloud engineering backed by Hitachi's industrial portfolio | 3.9 | Full comparison |
| Tata Elxsi | Software-defined vehicles, set-top boxes, large teams. | Design and embedded engineering at Indian rates with Tata Group backing | 3.9 | Full comparison |
| Capgemini Engineering | Global manufacturers, compliance-heavy programmes. | The largest engineering bench on this list, with factory and operational technology expertise | 3.9 | Full comparison |
| Cyient | Engineering outsourcing for aerospace and rail OEMs. | Broad engineering services with embedded work for heavy-industry clients | 3.8 | Full comparison |
L&T Technology Services FAQ
What is L&T Technology Services?
Indian engineering R&D services company of about 23,800 people with 22 global design centres
How much does L&T Technology Services charge?
L&T Technology Services uses time and materials, managed service pricing. Minimum engagement is not publicly disclosed. A discovery call is required to get project-specific quotes.
What tech stack does L&T Technology Services use?
L&T Technology Services works with Embedded C/C++, Industrial protocols, 5G, Azure IoT, AWS IoT. Primary industries served include Industrial equipment, Healthcare and medical devices, Telecoms, Automotive.
Is L&T Technology Services right for enterprise?
Engineering capacity for industrial and medtech OEMs. 20,000+ team size. Main consideration: Third-party headcount estimates vary widely.
What are the best L&T Technology Services alternatives?
The best alternatives to L&T Technology Services depend on your use case. Top options are:
- Lemberg Solutions: electrical engineering, fpga, rtos and embedded linux work alongside cloud, data and app teams in one company
- Softeq: nearly three decades of us-led engineering, with custom hardware and firmware under the same roof as cloud and apps
- Promwad: two decades designing devices for volume production, with offices across five eu countries
Compare L&T Technology Services with other IoT Development companies
Verify all details directly with L&T Technology Services before making a decision.