The Philippine Trade and Investment Center (PTIC) – New Delhi of the Department of Trade and Industry (DTI) recently held a business round table discussion with top Indian companies to explore trade and investment opportunities in the Philippines last July 7, 2016 at the PHD House, New Delhi, India.
Participated in by 70 Indian businessmen and key industry players, the event was jointly organized with the PHD Chamber of Commerce and Industry. It aimed to explore more business opportunities between India and the Philippines in priority key sectors such as information communication technology (ICT), automotive, agriculture, energy, and chemicals. Some emerging sectors such as pharmaceuticals, electronics and high-end furniture were also highlighted during the discussion.
Among the prominent speakers who delivered successful case studies and testimonials about Philippine-India joint ventures were Sandeep Tewari, Vice President of Field Fresh Pvt. Ltd, a leading food and fruit juice processing company in India with joint venture with Del Monte Philippines and Manoj Sahai, General Manager for Strategic Sales of the global multinational Tata Consultancy Services (TCS). Sahai emphasized the promotion of the Philippines as a top destination for Indian IT companies for those thinking to establish alternative delivery centers. Tata Consultancy Services is India’s number one IT services firm with a revenue turn-over of $16.4 Billion in 2016, with a market capitalization of US$ 80 Billion. TCS operates global delivery centers in the Philippines with about 4,500 employees.