SAP, the technology leader in business software solutions, will hold its board meeting in India for the first time ever. The seven-member board of the 35-year-old company will meet in New Delhi from August 27, to discuss strategies and future plans.

"SAP's India operations registered a more than 35 per cent growth in the last financial year. This is significantly higher than that achieved by us in any other country," said Ranjan Das, president and CEO of SAP (India subcontinent). "SAP has also tripled its business in India over the last five years. We, therefore, thought of hosting our board meeting in India. This is in sync with our growing interest in India as the revenues grow," Das said.

SAP began its operations in India in 1996 and had by 2006 garnered a market share of 34.4 per cent in ERP, 10.3 per cent in CRM, 39.3 per cent in SCM (IDC). It is the market leader in the SME space (Frost and Sullivan).

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Prashanth Rai