On Thursday, SAP SE announced it is investing Rs. 500 crore in India for localizing and offering customers a multi-cloud choice.

SAP, in a statement said that it will make the multiple cloud solutions available to India data centers as per commitment to India.

Scott Russell, President, SAP Asia Pacific Japan, said, "SAP's commitment to support India's growth vision remains a top priority, and we are determined to achieve this with deeper collaboration with our customers, ecosystem and the government. Our investment in India is toward accelerating the nation’s digital agenda and our customer’s transformation in the cloud."

SAP India is a leading cloud company with one of the largest and most diverse business-to-business cloud portfolios which is vehemently working toward addressing the local customer demands (said in a statement).

The statement added, "SAP further fortified its commitment to enterprises with the benefits of integrated cloud technologies to deliver the greatest flexibility and be data compliant under the upcoming Personal Data Protection Bill."

Kulmeet Bawa, SAP Indian Subcontinent President and Managing Director, "Today, customers are seeking scalability, faster deployment, data compliancy and cost-effective solutions to enable innovation and achieve prompt business outcomes.”

He concluded saying, "SAP intends to advance the vision of Aatmanirbhar Bharat (self-reliant India) by leveraging an agile and scalable cloud technology that is co-developed in India and now made available in local data centres to help Indian enterprises recalibrate their businesses to run better."