I never knew India’s domestic market has become so precious that, firms from Philippines would bid to get a pie of it. Of late Gartner in one of its reports has forecasted that India's IT services will reach approximately $11 billion. Now India has become the third largest potential market for Philippines after US and Europe. The biggies in the business in stead of running data center monitoring or in-house software development would rather outsource the work to a service provider. Philippines also have an edge over other countries, because on outsourcing platforms both these countries have similar interests, goals and aspirations.
Oscar Sanez, chief executive of the Business Process Association of the Philippines, believes the country is in a very good position to take advantage of this trend given the “smooth” relationship between India and the Philippines, in the field of business process outsourcing or BPO. Link
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