MUMBAI: Emphasising that India is a great source of intellectual capital for the company, Safra Catz , global co-CEO of Oracle Corporation announced a further expansion of the India operations. On her maiden visit to the country post her elevation as the CEO, Catz said that close to 40,000 of the Oracle’s global employee base of 1,30,000 people are stationed in India. "We have nine regional development centres and over a week or so, we will announce an expansion" said Catz.She was speaking at the Nasscom India Leadership Forum, which kicked off in Mumbai on Wednesday. Catz said that the reason behind the company’s focus on the country was the strong developer skill set. "Our entire product lines are done out of here, India is our front office...it is from where were we serve the world," she said.Catz who shared the CEO’s position at Oracle along with Mark Hurd focused a significant part of her address on the future of the technology which lies in cloud. "Moving to the cloud is the single largest opportunity we have to face it in our careers," she said. Catz equated the disruption being caused by cloud to the one caused by the Internet at the turn of the century.By moving to the cloud Customers have the opportunity to acquire what they need quickly, pay for what they use, scale up quickly in case of peak demand, turn capex into opex and change their mind and do different things at the same time, she said. "Move in the Y2K brought them here (customers) and this (cloud) should carry them into the future, she said.Though Catz didn’t spell out the India expansion plans she said that it is an unbelievable source of intellectual capital. "The technology knowledge is so deep and we are making it in India for the world." Catz also called Prime Minister Narendra Modi ’s make in India and Digital India project not just ambitious but also inclusive.