Spanco to expand to China, Malaysia
Close on the heels of opening a business process outsourcing (BPO) unit in Singapore, Spanco Telesystems and Solutions plans to set up centres in China and Malaysia to cash in on the language capabilities of these countries.
The BPO major is also looking at tripling the number of its global seat capacity to 15,000 in the next two years from the current 5,000.
Spanco is in advanced negotiations to acquire two domestic companies, valued at Rs 100 crore each. The company is expected to close the acquisitions in the next three months. The names could not be ascertained.
The company is looking at setting up a 400-seater centre in Malaysia in the next six months and a 500-seater facility in China by the end of this financial year at a combined investment of around Rs 100 crore. Read more…
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