Oracle has announced it's Indian investment has crossed three billion dollars over the past five years, which reflects the local market as a priority for the company.

"Our investment in India has crossed three billion dollars over the past five years, which includes the equity in Indian company", CTO (Asia pacific and Japan) Kevin Walsh said.

The company has seven development and solution centres in India. On Thursday, it opened two centres - Asia R&D unit and Partner Solutions Centre, in Gurgaon to focus on Indian market.

“The Oracle Asia Research and Development Centre and Partner Solution Centre will undertake India-specific projects to enhance our capabilities in our e-governance centre of excellence, which was established in Gurgaon in 2003,” said Krishan Dhawan, Oracle India managing director. “We expect these three centres which are co-located in Gurgaon, to work towards increasing the scope and usage for Oracle technology and applications amongst Indian industries and governments.”

Oracle, which treats India as one of its fastest growing markets, said the new centres which will have handful of people to start with will drive innovation and productivity enhancing IT solutions for the Indian market. Oracle has over 450 partners in India.

The two centres would be part of the 19 R&D and solution units spread across Asia Pacific.