• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Our Bureau

New Delhi, July 10

ORACLE Corporation will double its staff in India to over 6,000 in the near future as the world's largest enterprise software company plans to outsource more software development and back office processes to its centres in Bangalore and Hyderabad.

"Not just software, a whole range of professional services like accounting and tele-sales are moving to India. We have 3,200 people in India. We plan to more than double that in near future," said Mr Larry Ellison, Chairman and CEO of Oracle Corp.

Addressing Oracle's partners, customers and the media via satellite from Oracle's global headquarters at Redwood Shores, California, Mr Ellison said the emerging trend in the global economy is to outsource manufacturing to China and services to India.

Mr Ellison did not talk about the investments Oracle would make in India for ramping up operations nor about the timeframe within which it would double the workforce.

Later in the day, at press conference, Oracle Corp's Regional Managing Director, Mr Keith Budge, said the company has already acquired seven acres of land in Hyderabad for the expansion. "The new campus would be ready by end of 2004 or early 2005," Mr Budge said. In his televised address, Mr Ellison outlined his vision on how technology can make governments and companies more efficient. Creation of national database to store healthcare records of citizens, for instance, can lead to providing better services.

Oracle-HP e-governance centre: Oracle also launched an e-Governance Centre of Excellence in association with Hewlett Packard at Gurgaon.

Article E-Mail :: Comment :: Syndication

Stories in this Section
Swaraj moots death for spurious drug makers

Copyright © 2003, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line