Oracle Corporation to add more than 3,000 employees in India

New Delhi: Oracle Corporation will add about 3,000 staffers in India in the near future as it plans to outsource more software development and back-office processes. The staff will be added to its Bangalore and Hyderabad centres.

"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 the near future," said Oracle Corp chairman and CEO Larry Ellison.

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

Oracle Corp regional managing director Keith Budge said the company has already acquired seven acres of land in Hyderabad for the expansion. "The new campus will be ready by the end of 2004 or early 2005."