Oracle announces three major investments in India

Oracle CEO Safra Catz and India PM Narendra ModiEnterprise IT vendor Oracle announced three major investments — campus, incubation center and academy — in India.

Its software development campus in Bengaluru, 9 incubation centers across India, and initiative to train more than half a million students each year to develop computer science skills are part of Oracle investment program in India.

India represents Oracle’s second largest employee base outside of the United States, with nearly 40,000 current employees and an additional 2,000 current job openings.

“We are investing over $400 million in Bengaluru, opening 9 incubation centers, and training half a million students each year during this expansion phase to support India’s tremendous growth.  We ‘Make in India’ for the rest of the world,” said Oracle CEO Safra Catz.

Oracle said the incubation centers in India will house substantial software and technology capabilities, tools, and training to help launch new technology startups built utilizing Java and the Oracle platform.

Oracle campus has 2.8 million square-feet are. It will be Oracle’s largest outside of its headquarters in Redwood Shores, California. The new campus will house more than 11,000 employees from diverse fields, including engineering, sales and marketing, global support, finance and consulting, will converge at the high-tech site.

Currently, Oracle engineers in Bengaluru are developing software that powers some of the world’s most innovative businesses and brands.

Oracle said its incubation centers — in Bengaluru, Chennai, Gurgaon, Hyderabad, Mumbai , Nodia, Pune, Trivandrum and Vijayawada — will support entrepreneurship and development of start-ups by providing software, tools, and training to new software and technology companies utilizing Java and the Oracle platform.

Oracle Academy plans to engage with local schools and universities to train more than half a million students throughout India in computer science each year. Oracle Academy partners with more than 1,700 educational institutions in India. Oracle Academy aims to expand its partnerships to another 1,000 institutions in India, with a goal of reaching 500,000 students annually.

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