Indian IT exporter LTIMindtree bags $450 million deal, its largest ever
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 12 2025
0mins
Source: Reuters
LTIMindtree Secures Major Deal: Indian software services exporter LTIMindtree has signed a $450 million multi-year deal, its largest ever, with an undisclosed global agribusiness company, leading to a significant rise in its share price.
Market Context and Challenges: This deal comes amidst challenges faced by larger IT firms in securing major contracts due to macroeconomic uncertainties affecting India's IT sector, which is valued at $283 billion.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
