Philippines is catching up with India in the outsourcing arena and since it has a vast pool of English speaking population along with a cultural affinity with United States. This has enabled Philippines to emerge as the second strongest contender in the field of outsourcing just after India. Some time ago the country was facing difficult in selling itself as an outsourcing destination but now it does not need any introduction.
Now a number of clients are flocking Philippines to set up their business. Even a number of Indian firms are moving some of their operations to Philippines. A number of companies from Unites States have already set up their shops in Philippines.
The President of India’s software and service industry group, Kiran Karnik stated that for some businesses Philippines was a good choice since it had strong cultural ties with U.S. Is India losing out on its business to Philippines? It seems so and it needs to figure out why this shift is happening and the steps it should take to prevent out on losing its business before it’s too late.
Via zeenews
