Oracle expects its double-digit growth in India to continue

Pune: Oracle Corp. has consistently shown double-digit growth in India and both its data centres in the country are operating at full capacity, Oracle India MD Shailender Kumar said.

Now, the company is looking to invest in a third data centre, he said, without elaborating.

“We’ve been clocking double-digit growth for many, many quarters in every line of business,” Kumar said, adding that the global technology company has “seen some exceptional growth in the mid-market and startup space” in India. Oracle’s cloud regions in Hyderabad and Mumbai are currently running at full capacity, he added.


The Austin, Texas-headquartered company has been in India for about three decades, and nearly a third of its global workforce is based here. The country contributes more than Rs 10,000 crore to its overall revenue.

Public Sector
For Oracle, India’s public sector has been a major focus area, accounting for about 30% of its revenue from the country. Kumar expects high double-digit growth from this segment, given that the company is actively participating in cloud projects of governments and public sector undertakings.

The company recently ran a pilot project with NITI Aayog—along with Apollo Pharmacy and Strides Pharma—where it used Oracle Blockchain to reduce the production and distribution of fake drugs. IoT applications were deployed to control the temperature of medicines and vaccines. Oracle Blockchain could find several applications in India including in areas like maintaining land records, Kumar said.

Startup Sector
Demand for Oracle’s technology solutions has been increasing from the mid-market and startups segments as well. Several of these companies are born in the cloud and no longer have the time to source software and hardware and do application development.

There is a lot of traction from this segment, Kumar said, adding that Oracle has worked with new-age firms like Medexpert to help them develop and implement hospital management systems using Oracle Cloud. “We’ve hired a big team, and while we don’t disclose details, we are fully focused on the small and medium businesses and startups,” he said.

Oracle has a “well-oiled” hiring programme and it has strengthened employee training initiatives to keep up with changes in the marketplace and challenges on the talent supply side, he added.