Indian companies keen on further expanding PHL operations - BusinessWorld Online

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Indian companies are looking to further expand in the Philippines this year. READ:

Biocare Lifesciences, Inc. Managing Director Dileep Tiwari, who also heads the Indian Business Forum, said the company already distributes affordable generic medicine to over 200 hospitals and drug stores in the country. The pharmaceutical distributor is planning to introduce 15 new products this year.

He cited the country’s high level of education, proficiency in English, admirable work ethic, and ability to adapt to digital technologies. “We are actively scouting for acquisition or partnering opportunities which will enable us to bring more of our technology and service oHe identified five sectors as priorities: travel, transportation, hospitality, and logistics; retail, with focus on e-commerce; education; life sciences and healthcare; and financial technology.

“We wish to provide services to all modern emerging technology clusters like workplace engineering; unified communication and collaboration; and unified messaging and collaboration,” he said, citing as examples Microsoft Teams, Amazon Connect, Google Workplace, among others.“An already identified location is Bacolod and will have a center in next quarter. We have recently invested in a new site in Manila,” he said.

 

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