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, 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.
Leave A Comment