LTIMindtree forms joint venture with Aramco Digital to launch IT services company in Saudi Arabia

LTIMindtree on Wednesday announced that it has signed a shareholders’ agreement with Aramco Digital, the digital and technology subsidiary of Aramco, to create an IT services company in the Kingdom of Saudi Arabia. The prospective company would showcase innovation in action, including disruptive digital services, and transformative industry 4.0 systems integration capabilities. This collaboration is expected to support the Kingdom’s Vision 2030 by creating highly skilled jobs for Saudis in this sector.

The joint venture is being formed under the Aramco Namaat Industrial Investments Program. Sudhir Chaturvedi, President and Executive Board Member, LTIMindtree, said, “LTIMindtree is fully aligned with the Saudi Vision 2030.