SAP to invest big in India

German software giant SAP has announced big investment plans for the Indian market. They are aiming to invest one billion dollars in India by 2012.

The company is seeing massive growth in this market where they have doubled its corporate customers in just one year.

SAP further said that they have designated India a strategic hub for future growth. It said that most of this investment would go towards expanding its global services and support centers in Bangalore and Gurgaon.

SAP chief executive officer Henning Kagermann added in his statement: “Markets like India are at an inflection point when it comes to the adoption of technology by businesses of all shapes and sizes. It took us nine years in India to reach the 1,000 customer mark, and only one to double it.”

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