New Delhi, July 10: Enthused by the tremendous growth prospects in India, global software company Oracle on Thursday launched an e-governance Centre of Excellence in association with Hewlett Packard in Gurgaon and announced its plans to double its headcount in the country to 6,000. "Both Indian and Chinese economies are running rapidly and there is a growing competition between the two, with a certain amount of overlap. But most companies are going for outsourcing of manufacturing activities to China and outsourcing of services to India," Larry Ellison, chairman of Oracle Corporation said while announcing the launch of the first Oracle-HP e-governance Centre of Excellence in the world.

Addressing a summit in Delhi attended by Oracle's partners, customers and IT industry representatives via satellite from Oracle's global headquarters at Redwood Shores, California, Ellison pointed out that India's specialty lay in professional services such as software, accounting services and telesales.
"We see professional services moving to India. We do have software engineering teams in China but a larger software engineering team in India. We currently have 3,200 people in India and plan to more than double it to 6,000 in near term," Ellison said.
Lauding India for its skill-sets in service arena, he said, "We expect more companies to move (to India) and our company to expand here." Bureau Report