Beyond tier-2 cities, Suxena said the company is bullish on services such as software, chartered accountancy and insurance, as well as manufacturing, retail and food and beverage (Photo:PTI)
India is one of Oracle NetSuite's highest-priority markets, a senior company executive said, adding that small Indian businesses, especially those outside the big metros, are increasingly using artificial intelligence (AI) and cloud to expand into new states and, in some cases, overseas.
Speaking to PTI on the sidelines of Oracle AI World, Amit Suxena, group vice president and head of Asia at Oracle NetSuite, an AI-native business management platform, said momentum among Indian businesses had been growing over the last four to five years.
"One of the biggest advantages India has is that we have a young population which is actually now native to using cloud and AI, which means that India is not burdened like some of the other mature economies where they like to use legacy systems," Suxena said.
He said technology was narrowing the gap between small firms and large companies, letting smaller businesses grow beyond the city they started in.