SAP to hire 2000 new people in India by 2006

6th July 2005, Comments 0 comments

5 July 2005, NEW DELHI - German business software solutions provider SAP revealed Tuesday that it will double its staff in India by hiring 2,000 more people by 2006.

5 July 2005

NEW DELHI - German business software solutions provider SAP revealed Tuesday that it will double its staff in India by hiring 2,000 more people by 2006.

SAP Labs, which started its India operations in 1996, is the company's largest development facility outside Germany.

Shai Agassi, president of the Product and Technology Group and member of the SAP executive board, made the announcement at the SAP India headquarters in Bangalore.

He clarified that the company is not shifting jobs to India from its other operations. Agassi also said the company will open its first NetWeaver Center of Excellence at SAP Labs campus in Bangalore, the news agency PTI reported.

SAP has invested EUR 20 million in the first two phases of the India development centre and already announced it would invest another EUR 20 million for Phase III of the SAP Lab Campus.

SAP India is one of the fastest growing SAP subsidiaries with more than 650 customers across the region and strong business in India, Sri Lanka and Bangladesh. The company rates India among the top eight strategic markets.

DPA

Subject: German news

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