Kyndryl continues to invest in India, with plans to spend $2.25 billion over three years
Kyndryl, a leading provider of mission-critical enterprise technology services, today announced its growth plans in India with a focus on modernizing essential technology infrastructure for leading organizations. As part of this $2.25 billion commitment over the next three years, Kyndryl is focusing on the development of future-ready talent and establishing an AI lab in India to expand the company’s impact in the world’s most populous country.
“Kyndryl is a proud, trusted partner to our customers and an employer of choice to tens of thousands of Kyndryls across India,” said Martin Schroeter, Chairman and CEO, Kyndryl. “We’re committed to further developing our people, expanding our technical capabilities and strengthening community partnerships to support growth, innovation and opportunity.”
“India warmly welcomes global partners to explore the vast opportunities in our nation and collaborate with our talented youth to innovate and excel,” said Prime Minister of India Shri Narendra Modi. “Together, we all can build solutions that not only benefit India but also contribute to global progress.”
Kyndryl serves many of India’s leading organizations across industries, including Bangalore International Airport, Canara Bank, Central Board of Direct Taxes, CreditAccess Grameen, Dr LalPathLabs, Dr Reddy’s Laboratories, ESAF Small Finance Bank, Godrej Consumer Products, Honda Motorcycles and Scooter India, Noida International Airport, National Stock Exchange of India, Somany Ceramics, Suryoday Bank and more. The company is focused on strategic areas that will contribute to India’s digital public infrastructure goals and long-term economic health, including AI, cybersecurity and hybrid IT modernization.
“India has established itself as a global technology powerhouse, driven by a thriving startup ecosystem, world-class digital infrastructure and skilled workforce,” said Lingraju Sawkar, President, Kyndryl India. “With this commitment, Kyndryl is focused on further supporting our customers in meeting their diverse transformation needs and scaling their operations for the next era of growth.”
Kyndryl’s planned commitment includes establishing an AI Innovation Lab in Bengaluru, deepening its engagement with the Government of India on AI, developing IT talent and supporting digital training for roughly 200,000 citizens.
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