Jason Iley, chairman of the Brit Awards and CEO of Sony Music, said: "Anish has created some of the most adventurous and memorable works of our lifetime, which is reflected in the new Brit award.
"He constantly pushes boundaries and challenges the norm and I love the way he has reimagined this year's award. The beauty of this award is that it challenges perspectives. Every which way you look at it, you discover more."
The world famous artist, who was born in Mumbai to an Iraqi-Jewish mother and Indian father, once lived in Israel before moving to the UK and is a winner of the Turner Prize for art.
His work includes the Holocaust memorial at the Liberal Jewish Synagogue in St John’s Wood, the 70 Candles project for Holocaust Memorial Day in 2015, and the Orbit sculpture in London’s Queen Elizabeth Olympic Park.
The prize has previously been designed by Tracey Emin and Damien Hirst, among others.
