New Delhi, Oct 25 : Cloud solutions provider SAP on Wednesday announced that its multiple cloud solutions are expected to become available on a local India-based data centre from mid-2024. SAP will collaborate with cloud service providers empanelled by the Ministry of Electronics and Information Technology to ensure in-country residency of business-critical and personal data. "I am happy to learn that SAP is further expanding its current portfolio of software solutions to be hosted on India-based data centres," Union Railways Minister Ashwini Vaishnaw said in a statement. In light of the regulatory requirements for data processing and storage affecting different segments of SAP customers, the company said that Indian businesses are looking to SAP's new presence in an India-based data centre to help foster and ensure an environment of trust, resilience and risk mitigation for their mission-critical business applications. "SAP already touches 60 per cent of India's GDP and, by hosting our cloud solutions on an India-based data centre, we will be even more uniquely positioned to help organisations across the country to transform their operations, and continue to innovate and grow in the cloud,' said Thomas Saueressig, Member of the Executive Board of SAP SE for SAP Product Engineering. Expanding the current portfolio of cloud solutions available in India, including SAP S/4HANA Cloud and SAP Business Technology Platform, SAP SuccessFactors and SAP Ariba, will be hosted and offered to customers from within the sovereign borders of India, the company mentioned. "India is a strategic market for SAP, and as Indian organisations continue their Cloud transformation journeys, this development will provide a vital infrastructure foundation for businesses of all sizes, enabling them to develop new customer experiences, utilise more cutting-edge technologies, and scale innovation using a wide range of SAP's cloud offerings," said Kulmeet Bawa, President & Managing Director, SAP Indian Subcontinent. /IANS