CDC Global Services eyes BPO acquisitions in India

MUMBAI: CDC Global Services, a wholly-owned subsidiary of CDC Corporation and a provider of IT and IT-enabled services and consulting is looking at organic growth and acquisitions in India under the Business Process Outsourcing (BPO) umbrella, a top company official said.

"We are looking at acquisitions in India under the BPO umbrella. We are talking to several BPO companies in the range of USD 15-20 million for acquisitions," CDC Global Services Managing Director, Rajan N Vaz, told reporters here today.

The company is also looking at organic growth in India through expansion.

"We are expanding our business process outsourcing operations during the third quarter that includes the opening of two new additional offices located in Mumbai and Pune and the addition of 450 more seats," Vaz said, adding, "we have a very healthy pipeline of projects.

CDC Global Services also announced that it has signed a letter of intent to use the hosted solutions of Tata Communications, a global communications provider, under a technology partnership.

This partnership is a part of the company's expansion of its BPO operations. As part of the partnership, CDC Global expects to use Tata's Instacc platform for its expanding contact certre business activities,CDC Global Services-India's Managing Director, Shrikant Parab, said.