Kyndryl, a leading provider of enterprise technology services, plans to invest $2.25 billion in India over the next three years. The investment will focus on establishing an AI Innovation Lab in Bengaluru, expanding into Tier 2 and Tier 3 cities, and enhancing strategic engagements with the Indian government. Additionally, Kyndryl aims to train 200,000 citizens in digital skills and strengthen its market position in a high-growth region.
Kyndryl, a leading provider of enterprise technology services, has announced a significant investment of $2.25 billion in India over the next three years. This strategic move aims to establish an AI Innovation Lab in Bengaluru, expand operations into Tier 2 and Tier 3 cities, and enhance strategic engagements with the Indian government. Additionally, Kyndryl plans to train 200,000 citizens in digital skills, bolstering its market position in one of the world's fastest-growing regions.
The investment, which includes a commitment to modernizing essential technology infrastructure, will focus on developing future-ready talent and fostering AI innovation. Kyndryl's AI Innovation Lab in Bengaluru will join similar facilities in the UK and Singapore, offering collaborative co-creation experiences to help businesses adopt and implement AI, software, and platform engineering solutions. The lab will prioritize hiring and training professionals with skills in AI and associated technologies [1].
Kyndryl's strategic engagement with the Indian government is set to deepen, with plans to sign a Memorandum of Understanding (MoU) with the Ministry of Commerce & Industry. This collaboration aims to demonstrate how Kyndryl's AI platform, Kyndryl Bridge, and agentic AI capabilities can be applied to India's regulatory reform agenda [2].
A substantial portion of the investment will be directed towards developing IT talent and supporting digital training. Kyndryl plans to establish offices in Tier 2 and Tier 3 cities to unlock high-potential talent and strengthen regional innovation ecosystems. Additionally, the company will partner with graduate schools and research centers to create a new early career program in India [2].
Kyndryl's social impact initiatives will also play a significant role, with the Kyndryl Foundation aiming to provide resources to help train 200,000 beneficiaries across India. The Kyndryl Skilling program will expand access to advanced skilling courses, including DevSecOps, Cloud Operations, and Resilient Systems [2].
This investment comes at a time when Kyndryl is experiencing higher demand for its offerings due to a push into AI. The company serves many of India's leading organizations across industries, including Bangalore International Airport, Canara Bank, and the National Stock Exchange of India [1].
Kyndryl's commitment to India aligns with the country's digital public infrastructure goals and long-term economic health. The investment is expected to contribute significantly to India's AI workforce readiness, which already leads globally with 37% of business leaders confident in their teams' preparedness to adopt AI [2].
References:
[1] https://www.capacitymedia.com/article/kyndryl-billion-dollar-investment-in-india-to-power-ai
[2] https://theoutpost.ai/news-story/kyndryl-to-invest-2-25-billion-in-india-focusing-on-ai-innovation-and-talent-development-19391/
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