Oracle considers India top priority, to invest more

Global software major Oracle on Friday said India continues to be one of its top priorities and the company would make additional investments in the country.

NEW DELHI: Global software major Oracle, which has so far pumped in about two billion dollars in India, on Friday said India continues to be one of its top priorities and the company would make additional investments in the country.

The company has also recently opened 17 new outlets of purchase in smaller cities and towns, Oracle India Pvt Ltd Managing Director Krishan Dhawan said here.

"We have invested around 2 billion US dollars in the country since 2001. India figures prominently in our business operations. And we would continue to invest here," he said.

India stands in the fourth place in terms of revenue in the company's Asia Pacific revenues that include Japan also.

The software giant provides application solutions in banking, telecom, government operations, manufacturing, project oriented industries CRM abd HCM.

"Indian market is looking for solutions that would provide information, to reduce complexity, for open standards, compliance and in small and medium businesses," he said.
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Oracle experienced a year-on-year growth of 22 per cent in its net income and 23 per cent in total revenues.
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