Paul Marriott, President for Asia Pacific Japan (APJ) at SAP, highlighted that India’s path to achieving a $30 trillion GDP by 2047, as outlined by Prime Minister Narendra Modi’s vision of ‘Viksit Bharat,’ relies on stable and visionary political leadership, a talented youth population, a thriving AI and startup community, and ongoing innovations across various industries. Marriott emphasized that India, currently the world’s fastest-growing economy and the third most digitized nation, has the potential to realize this ambitious goal.
Addressing a packed audience at SAP’s flagship event in Mumbai, Marriott stressed the importance of businesses embracing generative AI to scale further. He expressed confidence in India’s ability to achieve substantial GDP growth through innovative business practices and strong political leadership.
Marriott highlighted SAP’s significant investments in India to empower businesses with cutting-edge technology, particularly in the realm of AI. The company is focused on providing solutions that make supply chains intelligent and sustainable, drive innovation with Business AI, and foster the growth of small and medium enterprises (SMEs) in India.
Manish Prasad, President and Managing Director for SAP Indian Subcontinent, noted that approximately 60% of India’s GDP is influenced by the SAP ecosystem. He emphasized the importance of inclusive growth, with 80% of SAP’s customers in India representing SMEs, which form the foundation for future economic expansion.
SAP’s largest R&D development center outside of Germany is located in India, reflecting the company’s commitment to the country’s growth. With 75 million SME businesses employing nearly 123 million people across India, SAP aims to contribute to the continued development and empowerment of the SME ecosystem in the country.
