
Kyndryl announces 2.25 billion dollar investment in India over next three years

- Kyndryl to invest $2.25 billion (Rs 19,600 crore) in India over three years to develop talent and establish an AI lab
- Investment will fund skill development, research projects, and advanced AI facilities, partnering with universities and tech experts
- Move reinforces India’s position as a hub for digital innovation, creating jobs and supporting growth in AI, cloud, and IT infrastructure sectors
US-headquartered IT services firm Kyndryl has said it would invest $2.25 billion, approximately Rs 19,600 crore, in India in the next three years to cultivate future talent and create an artificial intelligence lab. The development came after Kyndryl Chairman and CEO Martin Schroeter met Prime Minister Narendra Modi to talk about the company's growth and collaboration prospects in the country.
Referring to the meeting, Prime Minister Modi stated, "It was a very enriching meeting with Martin Schroeter. India welcomes global partners wholeheartedly to tap into the huge opportunities available in our country and join hands with our young innovators to create and grow". The meeting reflected India's increasing attractiveness as a destination for technology investment and innovation, and especially the emerging sectors like AI, cloud computing, and advanced IT services.
Kyndryl, an IT infrastructure services company, announced that the investment will fund skill development programs, research projects, and creating cutting-edge facilities focused on innovation in artificial intelligence. These initiatives are expected by the company to provide training to a new generation of technology experts who will be equipped to solve complex global IT issues while catalyzing growth in India's digital economy.
Also Read: PSBs to Launch New Schemes for Startups and Gig Economy Workers
The investment fits into India's wider effort to woo foreign tech companies and solidify its status as a center for digital innovation. By opening an AI lab, Kyndryl hopes to partner with local universities, research institutes, and technology experts to drive AI-based solutions for enterprise customers globally. The move will also create jobs and support skill development in India's IT sector.
Martin Schroeter added that India is an important market for Kyndryl's international strategy and stressed the firm's long-term investment and partnership approach to the country. "We are thrilled to grow our presence in India and invest in initiatives that build world-class talent while expanding our capabilities in AI and digital infrastructure", he said.
With this announcement, Kyndryl is among a fast-growing list of multinational tech companies accelerating investment in India, driven by the country's talent pool, potential for innovation, and favorable policy framework. The plans are an indication of the confidence in India's sustained growth as a global technology and innovation center.