Why did LTI & Mindtree got merged? Any specific reason or just L&T merged its both IT companies just for sake of competition?

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Basically to sit in and win larger deals
And there is no point of operating two different companies having same core businesses.
Thus they can save on the overhead cost of management, internal teams like HRs, admins, people shared associate by atleast 20-30%.

Both of these factors will be the reason of LTIMINDTREE exponential growth in future.




Basically when it comes to service based companies. All deal goes to TCS INFOSYS WIPRO HCL as they are big.

By merging into one unit they can have more bigger projects so might be chances they hire more people.


Yes correct , L&T merged these both entities to come in race of IT giants in India , to get larger deals.


It was a hostile take over. L&T had 66% share in Mindtree if I recollect it right. That's why management was kinda forced for it.

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