Oracle Corp is the latest company to take the long and winding overland trail down to Bangalore, Karnataka in the heart of southern India, and plans to establish a research and development centre to dwarf even the one in Scotland when it reaches full operation in two years’ time, becoming its largest outside the US. It’s a combination of rich talent, government incentives and cost-effectiveness, says Derek Williams, senior vice-president of Oracle’s Asia-Pacific division. Investment is set at $3m this year, and it will hire 100 software developers in the next 12 months. It formed Oracle Software India Pvt Ltd last August.
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