EXL to invest $12 mn in 800-seat unit in Philippines
Nasdaq-listed Exl Service Holdings is going to invest $12 million in an 800-seat facility in Philippines.
By TNN |
Nasdaq-listed Exl Service Holdings is going to invest $12 million in an 800-seat facility in Philippines. It has acquired 80,000 sq ft for the facility, which would be operational by April-May next year. EXL will enjoy a five-year tax holiday in Philippines.
"Philippines is strong in finance and accounting (F&A) as they use US GAAP there. We plan to do customer service and collection work, apart from F&A work in the country," said EXL president and COO Rohit Kapoor. NYSE-listed Genpact, too, is expanding presence in the country.
"Philippines is strong in finance and accounting (F&A) as they use US GAAP there. We plan to do customer service and collection work, apart from F&A work in the country," said EXL president and COO Rohit Kapoor. NYSE-listed Genpact, too, is expanding presence in the country.
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