Oracle to invest $400 mn in India - Feedback

Enterprise software company, Oracle, on Friday said it would invest $400 million in India to build a new campus in Bengaluru apart from setting up incubation centres and training the students in computer science skills.

Unveiling the plan after a meeting with Prime Minister Narendra Modi, Safra Catz, CEO of the California-headquartered company said the investments are aimed at supporting the country’s Digital India and Skill India initiatives. Apart from the new 2.8 million sq ft campus in Bengaluru, the company’s largest outside of its headquarters, Oracle plans to set up nine incubation centers across the country and also impart computer science training to over half a million students every year through Oracle Academy.

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