SAP to invest more to expand their base in India

SAP to invest more to expand their base in India

SAP AG is the world’s largest maker of business-management software and they are now planning to expand their presence in the Indian market.

The company is going to invest $1 billion and double employees in India, which also happens to be their fastest growing market in this region.

SAP has also identified India as one of the eight major markets worldwide where they expect to strategically grow in the coming years.

They would be using these funds to conduct research, support services and help win customers in India over the next five years.

SAP Chief Executive Officer Henning Kagermann said in a statement: “India is a very important market. It’s our third-largest country in terms of number of employees.”