Oracle Sees India as a Prime Market for Rapid SaaS Growth

Imagine companies like Oracle that make special computer programs to help other businesses work better.

Oracle's boss for these programs in India, Shailesh Singla, says India is a super important place for their business.

He said their computer program business in India is growing really fast, much faster than in other places in Asia.

Two big types of businesses, banks and hospitals, are using their programs a lot.

Oracle is also growing very quickly in helping businesses with their money and employee programs.

Mr. Singla believes that India will become a huge market for these kinds of computer programs, worth a lot of money by 2030.

He also thinks Artificial Intelligence (AI) programs will be a big part of this growth.

Even though other companies are also trying to sell their programs in India, Oracle feels confident because they offer a complete package of solutions and are investing in new AI technology.

Oracle is also working hard to follow rules about where data is kept, which is important for their customers.