The German software major, SAP has revealed that it will increase its investments and recruitment in India considerably which is understandably a result of the growing significance of the market. Christian Klein, the CEO of the company, reiterated India’s status as the region that would attract more than its fair share of investment during the next years – while on the visit of the supervisory and executive boards to Bengaluru.Â
India is already within the top 10 global markets for SAP, with the growth of the company in this particular area being the highest among the other important market regions. Klein noted that there are still other regions where some level of investment in R&D and operations is made but growth in India is at such a pace that a larger portion of R&D and operations investments cannot be avoided. Â
“It is not that we are not investing in Germany, but we will of course over proportionally invest here in India, and no one is surprised by that,” Klein said, underlining the degree of commitment the company is making into the Indian market.Â
SAP is headquartered in 130 nations, and India has fast become a pivotal growth center. Sooner than later, the company’s India operations will expand further with Klein’s predicting an upward trend in India’s position among markets for SAP globally. He also disclosed that SAP’s biggest lab is situated in the country further emphasizing India’s importance in the company’s global innovation strategy.Â
SAP also intends to recruit extensively in India as part of its plan. “We will ‘over proportionally’ hire here compared to all our other Labs,” said Klein, which illustrates aimed belief on the pursuit of talent in that particular nation, as well as its increasing role in the technology ecosystem.Â
By addressing India, SAP is also experiencing the same wave such as those of other global technology companies because of the transformation of enterprises in India which is supported by a vast talent pool and a booming overall economy.Â
