PHINIA Inc., a global provider of premium fuel systems, electrical systems, and aftermarket solutions, has entered into a partnership with LTIMindtree to transform its IT infrastructure and enhance application services, according to a press release issued today.
The shares of LTIMindtree Limited were trading at ₹4,503.95 up by ₹77.35 or 1.75 per cent on the NSE today at 3.20 pm.
Under the agreement, LTIMindtree will provide support for PHINIA’s IT infrastructure while improving application maintenance and development services. The technology consulting firm will utilize AI and automation tools to help PHINIA manage operational risk, reduce application complexity, and enable business efficiency through AI-led IT transformation.
Matt Logar, VP and CIO of PHINIA, described the partnership as “a key enabler” of the company’s vision to transition to a more modern, secure, and simplified technology environment that supports global growth and enhances customer services.
Rajesh Sundaram, EVP & Chief Business Officer at LTIMindtree, expressed enthusiasm about the partnership, highlighting the company’s understanding of the complexities in PHINIA’s operating segments and its commitment to streamlining business processes.
PHINIA’s brand portfolio includes DELPHI®, DELCO REMY®, and HARTRIDGE™. With over a century of manufacturing expertise, the company develops solutions for various applications, including commercial vehicles and industrial applications.
LTIMindtree, a Larsen & Toubro Group company, serves as a digital transformation partner to more than 700 clients globally, employing approximately 86,000 professionals across over 40 countries.