SAP bullish on India as key market, talent hub, says Punit Renjen

German technology major SAP is bullish on India as a key market as well as a talent hub, said Punit Renjen, deputy chairperson of the supervisory board at SAP.

“From a SAP perspective, India is incredibly important not only from a standpoint of a marketplace but also where we attract and retain top talent to develop cutting-edge innovation for the rest of the world,” Renjen said at a media briefing in Bengaluru.

SAP has about 15,000 employees in India focussed on fundamental research and development (R&D). Nearly 40 per cent of the global R&D workforce is based in India.