Kyndryl to Invest $2.25 Billion in India, Focusing on AI Innovation and Digital Skilling

Kyndryl to invest $2.25 billion in India over three years

Aug 21 (Reuters) - Kyndryl (KD.N), opens new tab, the information technology services provider that was spun out of IBM (IBM.N), opens new tab, said on Thursday it would invest $2.25 billion in India over the next three years. Kyndryl, which has presence in the country, said its plans include establishing an AI innovation lab in Bengaluru. The company also plans to deepen its engagement with the Indian government on artificial intelligence, develop IT talent, and support digital training for roughly 200,000 citizens. "We're committed to further developing our people, expanding our technical capabilities and strengthening community partnerships to support growth, innovation and opportunity," Kyndryl CEO Martin Schroeter said in a statement. Kyndryl, which operates in the consulting and IT industry, has been benefiting from higher demand for its offerings due to a push into AI. Reporting by Haripriya Suresh and Gnaneshwar Rajan; Editing by Maju Samuel Our Standards: The Thomson Reuters Trust Principles., opens new tab

Kyndryl to Invest $2.25 Bn in India Over 3 Years, Launch AI Lab & Skilling Programmes | AIM

The lab will also support projects aligned with the IndiaAI Mission, including governance transformation and digital public infrastructure. Kyndryl, a global technology services provider, announced plans on August 21 to invest $2.25 billion in India over the next three years. The investment will focus on modernising IT infrastructure, advancing AI initiatives and developing tech talent. The company will set up an AI Innovation Lab in Bengaluru, work closely with the Indian government on AI-led governance, and launch skilling programmes for about two lakh people across the country. "Kyndryl is a proud, trusted partner to our customers and an employer of choice to tens of thousands of Kyndryls across India," Martin Schroeter, chairman and CEO, Kyndryl, said. The new AI lab in Bengaluru will focus on co-creating solutions for businesses, covering areas such as AI, data, cloud and platform engineering. It will b

US IT firm Kyndryl to invest $2.25 billion in India over three years - The Economic Times

US-based IT firm Kyndryl plans to invest $2.25 billion, about Rs 19,600 crore, in India over the next three years with a focus on developing future-ready talent and establishing an AI laboratory, the company said on Thursday. The announcement came after Kyndryl Chairman and CEO Martin Schroeter met with Prime Minister Narendra Modi. "It was a truly enriching meeting with Martin Schroeter. India warmly welcomes global partners to explore the vast opportunities in our nation and collaborate with our talented youth to innovate and excel. Together, we all can build solutions that not only benefit India but also contribute to global progress," the PM said after the meeting. Kyndryl said its growth plans in India will focus on modernising essential technology infrastructure for leading organisations. "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," the company said in a statement. The IT firm serves many of India's leading organizations across industries, including the international airport in Bengaluru, Canara Bank, Central Board of Direct Taxes, CreditAccess Grameen, Dr Lal PathLabs, 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. "Kyndryl is a proud, trusted partner to our customers and an employer of choice to tens of thousands of Kyndryls across India. We're committed to further developing our people, expanding our technical capabilities and strengthening community partnerships to support growth, innovation and opportunity," Schroeter said. 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, a statement said. It 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 modernisation. "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," said the company's India President Lingraju Sawkar.

Kyndryl to Invest $2.25 Billion in India Over Three Years

"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.

Kyndryl : continues to invest in India, with plans to spend $2.25 billion over three years

Kyndryl is establishing an AI Innovation Lab in Bengaluru to advance the company's AI-powered consulting services. The Lab will include data scientists, consultants, and professionals offering collaborative co-creation experiences to help businesses adopt and implement AI, software and platform engineering solutions. Similar to the AI labs Kyndryl has established in the UK and Singapore, the Bengaluru Lab will focus on hiring and training professionals with skills in AI and associated technologies, including data, cloud, applications and platform engineering. Consistent with the priorities of the INDIAai Mission, Kyndryl is contributing enterprise-grade AI capabilities, including digital public infrastructure, governance transformation and economic competitiveness. As part of this initiative, Kyndryl will utilize the new Lab in Bengaluru to lead high-impact engagements that showcase AI for governance, critical infrastructure and cyber resilience. These initiatives will culminate at the AI Impact Summit being hosted by the Government of India in February 2026, where Kyndryl will feature its award-winning AI-enabled operating platform, Kyndryl Bridge, which has been recognized globally for leveraging AI efficiency at scale. Deepening strategic engagement with the Government of India on AI Kyndryl is also advancing its collaboration with the Government of India to drive AI-led transformation in governance. Kyndryl is signing a Memorandum of Understanding with the Ministry of Commerce & Industry on its Ease of Doing Business (EoDB) initiative, demonstrating how, through its AI platform Kyndryl Bridge and agentic AI capabilities, Kyndryl is pioneering efforts to apply AI in India's regulatory reform agenda. Commitment to talent and skilling in India Kyndryl is committing to programs that address the rising demand for advanced digital skills, which are crucial for driving economic growth across India. Kyndryl is continuing to upskill its people on AI, cybersecurity and other next-generation technologies - empowering its teams to lead in a rapidly evolving digital landscape. As part of this commitment, Kyndryl plans to establish offices in Tier 2 and Tier 3 cities to unlock high-potential talent and strengthen regional innovation ecosystems, as well as partner with graduate schools and research centers to create a new early career program in India. In recent Kyndryl research, India leads in AI workforce readiness, with 37% of business leaders confident that their teams are fully prepared to adopt AI - well above the global average of 29%. AI adoption is also accelerating across business functions in India, with 72% of leaders prioritizing upskilling and workforce training to keep pace. Social impact at scale Through the company's social impact initiatives and grants by the Kyndryl Foundation, Kyndryl aims to provide resources to help train 200,000 beneficiaries across India, equipping them with in-demand digital skills. As part of this, Kyndryl is launching the Kyndryl Skilling program, which will expand access to advanced skilling courses, including DevSecOps, Cloud Operations and Resilient Systems. The program will be integrated within the portal of the National Institute of Electronics & Information Technology (NIELIT) to upskill students and professionals in new technologies. This builds on the recent announcement that the Data Security Council of India (DSCI), with the help of Kyndryl Foundation, has launched a state-of-the-art skilling facility in Mumbai focused on building cybersecurity skills and careers for underserved youth in India. About Kyndryl Kyndryl (NYSE: KD) is a leading provider of mission-critical enterprise technology services, offering advisory, implementation and managed services to thousands of customers in more than 60 countries. As the world's largest IT infrastructure services provider, the company designs, builds, manages and modernizes the complex information systems that the world depends on every day. For more information, visit www.kyndryl.com. Forward-looking statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements often contain words such as "aim," "anticipate," "believe," "contemplate," "could," "estimate," "expect," "forecast," "intend," "may," "objectives," "opportunity," "plan," "position," "predict," "project," "should," "seek," "target," "will," "would" and other similar words or expressions or the negative thereof or other variations thereon. All statements other than statements of historical fact, including without limitation statements concerning the company's plans, objectives, goals, beliefs, business strategies, future events, business condition, results of operations, financial position, business outlook and business trends and other non-historical statements, are forward-looking statements. These statements do not guarantee future performance and speak only as of the date of this press release. Except as required by law, the company assumes no obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Actual outcomes or results may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties including those described in the "Risk Factors" section of the company's most recent Annual Report on Form 10-K, and may be further updated from time to time in the company's subsequent filings with the Securities and Exchange Commission.

Kyndryl to Invest $2.25 Billion in India for AI Lab, Talent Programs

Kyndryl Holdings, Inc. is an information technology (IT) infrastructure services provider, serving enterprise customers in more than 60 countries. The Company designs, builds, manages and modernizes the complex, mission-critical information systems. The Company's segments include United States, Japan, Principal Markets and Strategic Markets. The Company offers services across domains such as cloud services, core enterprise and zCloud services, applications, data and artificial intelligence (AI) services, digital workplace services, and network and edge services. Its advisory and implementation services are branded as Kyndryl Consult. The Company designs, builds and provides managed services for its customers' multi-cloud environments. It provides end-to-end enterprise data services, including data transformation, data governance and compliance and data migration. Its digital workplace services provide the technology infrastructure, mobility, and access solutions.