The world's top 10 players will match wits during the rapid and blitz meet between November 22 and 26 in the penultimate leg of the GCT.
The iconic National Library will stage the mega event where Indian chess legend Anand will be facing Norwegian Carlsen for the first time in India since his 2013 World Championship defeat in Chennai.
"I haven't had too many chances of playing in India. So I am very excited. This year, it's a Grand Tour event so there is lot more at stake," Anand said in a video message at the Trophy unveiling here on Thursday.
Anand, who finished a disappointing tied third in the Sinquefield Cup in August, needs 13 points from the remaining two legs to seal a spot in the GCT Finals which carries a prize purse of USD 350,000 and will be held in London from November 30 to December 10.
He is currently taking part in the Superbet Rapid & Blitz meet in Bucharest (November 6-10) before coming to Kolkata for the last round. Before the Bucharest round, he was placed in eighth position with 24 points.
Kolkata has been a happy hunting ground for Anand where he played his first GM tournament in 1986 and won the Tata Steel Blitz title last year in nail-biting fashion.
Carlsen, meanwhile, is leading the pack and is in a league of his own with one foot already in the GCT Finals which will be held during the London Chess Classic in England. Carlsen, who is not playing the Bucharest round, has 54.5 points with second-placed Ding Liren on 37.8 from four events.
"In about a month I will be in Kolkata playing in the Grand Chess Tour for the first time. I would love to meet Indian chess fans and give you a good show," Carlsen said in a video taken when he was playing in the FIDE Chess.com Grand Swiss tournament at Isle of Man.
The Grand Chess Tour, inspired by chess legend Garry Kasparov, and launched in 2015, includes two classical and five rapid and blitz tournaments. The Kolkata leg will be the penultimate event of the eight-leg Tour which has expanded this time to four continents Africa, Asia, Europe and America.
Eight of the top 15 Grandmasters in the world are participating in this tournament, including Carlsen and Anand. The other Grandmasters who will be seen in action in the meet are Ding Liren, Ian Nepomniachtchi, Levon Aronian, Anish Giri, Wesley So, Hikaru Nakamura and wild cards Pentala Harikrishna and Vidit Gujrathi.
"Chess is seeing a resurgence and renewed interest in its country of origin. India is currently ranked 4th in the world based on the average rating of its top 10 players and has now more FIDE registered chess players than any other country in the world," said Bharat Singh Chauhan, secretary, All India Chess Federation (AICF).
Commenting on the development, Jeet Banerjee, Director, Gameplan Sports Pvt Ltd said, "The 2019 edition will become the first GCT event ever to be held in Asia when the event commences in Kolkata from November 22."
( With inputs from IANS )