(2) Under the multi-year engagement, LTTS will help Schindler accelerate its digitization and connectivity initiatives L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, announced that it has been selected by Schindler, the Switzerland-based global leading provider of elevators, escalators, moving walks and related services as one of its key partners to provide innovative digital engineering capabilities. According to the agreement, L&T Technology Services will provide product development, innovation and engineering services solutions that will help Schindler to accelerate its digitization and connectivity initiatives. Karl Heinz Bauer, Chief Technology Officer (CTO), Schindler said, "As a global player in the elevator and escalator industry, we leverage the new digital technologies to introduce best-in-class solutions to our customers. We look forward to the synergies arising from our future collaboration with LTTS."