“That so many companies from one of the world’s most advanced IT countries choose to set up here illustrates the region’s attractiveness,” says Erik Behm, Area & Investment Manager ICT at Business Region Göteborg.
A large multinational corporation
Larsen & Toubro (L&T) is one of India’s largest multinational companies and was founded in 1938 in Mumbai by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro. The company’s business areas include engineering, construction, information technology and financial services.
The subsidiary L&T Technology Services, which opened the office in Lindholmen Science Park, offers design, development and testing services of industrial products, medical devices, transportation, vehicles, airline, telecom and process industries.
The company has been involved in the Nordic region for more than a decade through strategic partnerships, with for example, Scania. And following a number of deals with customers including in Gothenburg’s auto cluster, the company is now increasing its presence in the region with the new technology centre.
“Gothenburg has one of Europe's leading automotive clusters with headquarters to some key automotive and technology companies such as Volvo Cars, CEVT, Volvo Group, Ericsson, SKF, AstraZeneca, Zenuity and ESAB,” says Gaurav Gupta, Chief Business Officer, L&T Technology Services.
Gaurav Gupta also highlights the open collaborative environment between companies, start-ups, academia and other partners in the region and says that in Gothenburg there are exciting opportunities to work with leading players.