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SAP Labs has received clearance from the Karnataka Government to invest an additional ₹500 crore for setting up a software centre in Bengaluru which will take the total investment to ₹1,000 crore. SAP Labs already has an R & D facility in White Field near Bengaluru. The investment for setting up the software centre will be spread across five years and will come up at the Hi-tech defence and aerospace park.
In an earlier interview with BusinessLine , SAP Labs India MD Sindhu Gangadharan had said that going forward there will be more focus on digital transformation. She said that companies will realise that a digital transformation is no longer an option, but essential to their survival.
Karnataka government over the last three months has cleared projects worth a total of ₹28,000 crore.
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