BPO is another area where both the countries are now trying to come in closer ties with each other. Low cost advantage of Philippines and high skill exception of India can open untapped opportunities of each of the country. No wonder, Indian BPO majors like Hewitt Associates, ICICI OneSource, Transworks Information Services Ltd, and Perot Systems have setup significant operations in Philippines. President A. P. J. Abdul Kalam at a Nasscom conference in February this year proposed a ‘Knowledge Grid’ between India, Philippines, Singapore & Korea to make ICT and IT based sectors tap $200 billion by the year 2010. He even advocated the eight point road map to raise Indo-Filipino trade rise to $2 billion in next three years. Surely, years to come will see the bilateral trade touching new heights. The Indian businesses must certainly not miss this opportunity to ride on the Filipino jeepney and be a party in its success carnival.
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Source:- IIPM Editorial
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