Philippines: The Next India?
Filed in archive Outsourcing News on September 24, 2006
It seems like outsourcing is looking favorably towards the Philippines as a recent study showed that it has the potential to develop into a 3 billion-dollar industry.
The outsourcing sector in the Philippines currently has an estimate of 200,000 people working in the outsourcing sector. Though the figures are still far as compared to India's 750,000 Employment rate, the Philippines seems to be fast approaching this phase.
The reason why the Philippines is most likely to be the next India is because of the cost-saving advantage that companies experience. As compared to India, the rates in this country is lower but this could change especially if the outsourcing industry develops rapidly.
One should take note however that not only call center operations are being outsourced in the Philippines. Some "higher-end" tasks are now being outsourced like legal services, Web design, medical transcription, software development, animation, and shared services.

Permalink: Philippines: The Next India?
Tags: outsourcing philippines india next business next+india philippines+next hedge+funds
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Response from:
dadi
(09/24/06 1:19pm)
Response from:
TeamGrowth
(09/25/06 4:39am)
Even though recent study suggests that Philippines is fast emerging as the next outsourcing hub and the next India, I think India would still remain the preferred destination for outsourcing for many companies simply because it's a tried and tested destination.
Response from:
aix
(09/25/06 9:09am)
It looks like this news has too much optimism. Nowadays the level or quality of English proficiency in Philippines is very low compared to India or Singapore. Many college graduates doesn't even know how English very well. You know why, the previous government opted to be too nationalist by propagating tagalog as business language. I hope the Philippine government or the Filipinos as whole wakes up if it wants to realized this ambition.
Response from:
vaseem raza
(10/08/06 10:08pm)
An ISO 9001:2000 certified, Agro Engineers is manufacturing primarily Machinery and Automobile Gears, Mechanical Engineering Power Transmission Gears like Worm Speed Reducers, Gears & Gear Boxes, Gear shafts and Pinions, Racks & Pinion gears, Chain Sprockets etc. We have in house Facilities for complete manufacturing to provide reliable and efficient product and services. We are focused to provide a complete gear service, from design engineering and product development, to complete manufacture and sales of gears, gearboxes and related power transmission mechanisms. Significant technical skill and machine capability is the heart of AGNEE Gears, providing industry with a qualified and reputable source for specification, design, manufacture of a variety of individual gear items and complete gear drive assemblies. Our range of: Worm Shaft and Worm Wheel, Custom made Spur, Helical, Double Helical and Internal Gears Shafts and Pinions, racks and pinions, Chain Sprockets, Helical, Bevel Helical and Planetary Gear Boxes, other Mechanical Power Transmission equipments, custom built as per specifications cater to almost every industry like Stone, Mining, Engineering, Cement, Fertilisers, Rayons, Textiles, Chemicals, Nuclear, Thermal, Hydro Electric Plants, Coal Handling Plant, Hydro multipurpose Projects, and host of other applications.
Response from:
Tolits
(01/10/10 2:51am)
The Philippines has one of the fastest growth when it comes to outsourcing. It has become the preferred destination providing competitive, cutting edge ICT products and services to the world.
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