Team Blitz India
NEW DELHI: German technology major SAP is bullish on India as a key market as well as a talent hub, said Punit Renjen, deputy chairperson of the supervisory board at SAP.
“From a SAP perspective, India is incredibly important not only from a standpoint of a marketplace but also where we attract and retain top talent to develop cutting-edge innovation for the rest of the world,” Renjen said at a media briefing.
SAP has about 15,000 employees in India focussed on fundamental research and development (R&D). Nearly 40 per cent of the global R&D workforce is based in India.
Sindhu Gangadharan, managing director (MD), SAP Labs India, said the company has hired about 1,500 this year and the investments in artificial intelligence (AI) are expected to double.
SAP Labs is also constructing a new 41-acre campus in Devanahalli, near Bangalore International Airport, with a capacity to house another 15,000 people. “In the first phase, we plan to hire 3,000 by Q1 of 2025,” Gangadharan said.
