BPO firm gears up for expansion in the Philippines
The country continues to become an attractive place to invest, especially in the business process outsourcing (BPO) sector, because of the availability of qualified workforce and quality service areas.
The ingredients that motivate Infosys BPO Ltd. to draw up plans to expand its presence in the country. The Philippine expansion of Infosys includes opening up three more new BPO sites here.
Visiting Infosys chief operating officer Ritesh Idnani said the company is very bullish about the Philippines and that they will continue to invest in the next few years.
Philippines operations currently accounts for five to six percent of the company’s entire revenues, but Idnani said they expect it to grow to eight to 10 percent in 18 to 24 months. They also expect a 100 percent growth in revenues by the end of its fiscal year ending March 201o.
The plan expansion would create additional job opportunities for more Filipinos as disclosed by Infosys delivery center head for the Philippines Madhusudan Menon. He said they would be creating an additional 2,000 local jobs this year.
They are looking at two properties in Quezon City and one in Clark, Pampanga for their next site in the country. At present, Infosys’ 1,100-seat center is located at Fort Bonifcio, Taguig and currently employs around 650 personnel.
February 19, 2010
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Tags: BPO, business news, Call Centers, Employment, Job Opportunities, outsourcing firm, Philippines В· Posted in: Announcement, BPO, Call Centers, Career, Employment, investments, Job Opportunities, Philippine business news, Philippines
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