LTM Opens Global Delivery, AI Centre In Kolkata

In August 2026, LTM recently inaugurated a Global Delivery and AI Competency Center in Kolkata, expanding its presence in West Bengal and adding to its network of delivery centers in India. The facility was inaugurated by West Bengal Chief Minister Suvendu Adhikari in the presence of S. N. Subrahmanyan, Chairman and Managing Director of Larsen and Toubro, along with senior leadership from L&T and LTM and other dignitaries. According to LTM, the center will help to support its global delivery operations and AI initiatives while also creating opportunities for technology professionals in the state of West Bengal and neighboring regions. 

The company also said Kolkata’s education ecosystem, talent base and digital infrastructure were among the factors behind its decision to establish the center in the city. The facility is expected to function as a base for collaboration, technology development and delivery work for LTM’s global clients.

West Bengal is also emerging as a preferred destination for technology and AI-driven investments, as said by Suvendu Adhikari, who is the Chief Minister of West Bengal. LTM’s decision to establish and expand its presence in Kolkata will further help to reinforce the state’s strengths in talent, innovation and digital infrastructure. N. Subrahmanyan, Chairman and Managing Director, Larsen & Toubro, said that the center reflected the group’s continued investment in India’s technology and innovation ecosystem. For LTM, the Kolkata center is also intended to tap the city’s existing technology talent as demand for AI-related capabilities increases.

Impact on the AI Market

The center would focus on collaboration, innovation, and delivery capabilities for global clients, while also helping to develop skills that are well-suited to AI-led technologies. The investment also underscores L&T Group's efforts to expand its technology footprint beyond traditional hubs and tap talent in emerging centers all across India. Subrahmanyan also said that the expansion reflected L&T Group's continued investment in India's growth and its focus on creating opportunities for local communities.

Kolkata's education base, skilled workforce and expanding digital infrastructure were among the factors behind the choice of the city, LTM said. Adhikari said the state welcomed the investment and expected it to create opportunities for young professionals and strengthen West Bengal's technology ecosystem. LTM said the Kolkata facility would complement its wider delivery network in India as it invests in regional centers, digital infrastructure and workplaces aimed at supporting its workforce and global customers.

Impact on the Artificial Intelligence as a Service Market

The global artificial intelligence as a service market size is estimated at USD 16.48 billion in 2025 and predicted to increase from USD 22.70 billion in 2026 to approximately USD 294.83 billion by 2034, expanding at a CAGR of 37.78% from 2024 to 2035.

According to Precedence Research, the market is quickly growing as today's businesses are adopting AI-enabled solutions on cloud platforms. Organizations all over the world are also increasingly leveraging AIaaS to improve automation, decision-making, and efficiency. The increase in the use of natural language processing (NLP), predictive analytics, and machine learning (ML) technologies/solutions in businesses is driving this demand. Due to its flexibility and cost structure, AIaaS is preferred in almost every industry and has the potential to transform the global economy digitally, thereby contributing to the continuing expansion of the global market.

Artificial Intelligence as a Service is rapidly gaining massive traction as businesses are increasingly adopting cloud-based AI platforms in order to identify and provide quick digital transformation. Companies are adopting AIaaS capabilities, such as predictive analytics, automation, NLP, and computer vision, with minimal investments in infrastructure. There is also a growing investment trend relating to the market growth of AI innovation and enterprise modernization.

Impact on the Artificial Intelligence (AI) Market

The global artificial intelligence (AI) market size was USD 757.58 billion in 2025, is expected to reach USD 900.00 billion in 2026, and is expected to reach around USD 4,216.29 billion by 2035, expanding at a CAGR of 18.73% from 2026 to 2035.

According to Precedence Research, the rapid penetration of digital technologies and the internet has significantly contributed to the growth of the global artificial intelligence market in the past few years. The heavy investments by the tech giants in research and development are continuously fueling technological advancements in various industries. The burgeoning demand for artificial intelligence among the various end-use verticals such as automotive, healthcare, banking & finance, manufacturing, food and beverages, logistics, and retail is expected to significantly drive the growth of the global artificial intelligence market in the forthcoming years. Technological innovations have always been an important part of the majority of industries.

End-use industries have started integrating artificial intelligence into their business processes to streamline their operations. Artificial intelligence technology is gaining momentum as it assists end-user organizations to become more efficient and results-oriented. The growing adoption of artificial intelligence is further encouraging new entrants to venture into the AI marketplace by offering niche application-specific products and solutions. Furthermore, companies are also taking several strategic initiatives in industry consolidations to gain competitive advantages.

Expert Opinion

“Kolkata’s deep talent pool, strong academic heritage and growing digital ecosystem make it a strategic location for LTM,” said Venu Lambu, CEO and Managing Director, LTM. “As AI reshapes industries, our Global Delivery & AI Competency Center in Kolkata will help us harness local talent, build future-ready skills and deliver next-generation solutions for global clients while contributing to West Bengal’s technology-led growth.”