India was fortunate to have a steady growth in this transformative interval, says Ashwini Vaishnaw

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India was fortunate to have a steady growth in this transformative interval, says Ashwini Vaishnaw

Union Minister Ashwini Vaishnaw
| Photo Credit: ANI

Geopolitics, geoeconomics and geotechnology are all altering the world order and vastly impacting companies and economies globally, stated Ashwini Vaishnaw, Union Minister for Railway, Information and Broadcasting and Minister of Electronics and Information Technology, in Bengaluru on Tuesday (August 5, 2025).

During this transformative interval, India was fortunate to have a steady growth, he stated whereas delivering a keynote deal with just about to SAP Labs’ management and staff on the Garman tech main’s newly arrange SAP Labs India Innovation Park at Devanahalli in the City outskirts.

Commenting on India’s financial growth and technological developments in Railways even underneath difficult instances, the Union Minister stated, “From being the 11th largest economy in the world 11 years ago, India is now on track to become the third largest economy soon. Electronics exports have grown 8 times in the last 11 years. Very soon, we will start the production of the first Made in India chip. The Bullet train accelerates from 0-100 kmph in 54 seconds whereas Vande Bharat does it in 52 seconds.’‘

He further said, as part of the Union government’s initiatives to democratise compute power, 34,000 GPUs were made available to every student, researcher, and college startups across the country, a provision made through a Public-Private Partnership. Cost of per computing was less than a $ in India when that was $2.5 globally. “This is the kind of empowerment we are doing for young innovators. We in India decided to democratise access to compute power and in a very interesting public private partnership.”

SAP Labs invested €194 million to arrange SAP Labs India Innovation Park, on a patch of 41 acres of land, and the power is predicted to create 15,000 jobs for AI innovators.

“SAP’s this new facility in Bengaluru is a timely investment in India’s growth story. This campus reflects global confidence in India’s talent and innovation ecosystem. It will further boost India’s position as a trusted technology partner,” Mr. Vaishnaw stated.

SAP’s new innovation campus would replicate international confidence in India’s expertise and innovation ecosystem, stated the minister.

Strategically positioned close to Kempegowda International Airport, SAP Labs campus is envisioned as a flagship innovation and R&D hub for India and the broader Asia-Pacific area. Once totally operational, it should home 15,000 professionals, making it SAP’s largest workplace in India, and can anchor Global AI roles in Product Engineering and Customer Services & Delivery, in accordance to firm officers.

The facility would lead the event of Joule’s agentic AI capabilities, reinforcing India’s rising function in AI innovation. As a future-ready facility, the campus would additionally characteristic a Customer Experience Centre, hybrid collaboration zones, AI labs, startup incubation hubs, hackathon areas and loads of inexperienced zones.

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