SAP India to double its strength to 4,000
By Our Corporate Bureau | 05 Jul 2005
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Bangalore: The Indian subsidiary of German business software solutions provider SAP AG will hire 2,000 engineers in the next 18 months to double its staff strength to about 4,000.
"We are ramping up the operations of SAP Labs India at an investment of euro 20 million (Rs1 billion) as part of our third phase of expansion," SAP AG executive board member Shai Agassi said on Monday. "The expansion includes doubling the headcount to 4,000 engineers by 2006," he added.
The German IT major has already invested euro 20 million in the first two phases of setting up and scaling SAP Labs India. This is SAP''s largest development facility outside Germany and its fourth such globally.
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