The envoy who was recently in India had visited NASSCOM and held a meeting with the top leadership about exploring opportunities in the Central American country.
The geographical proximity of Guatemala with the US, time zones which are similar and also the quality manpower that is available in this country makes the Central American nation an important destination for BPO business. In an exclusive interaction with Financial Express Online, India’s ambassador to Guatemala BS Mubarak said, “BPO contributes a lot to the economy of Guatemala. There are already 3 well known Indian BPOs in Guatemala. 24/7, Genpact and HCL altogether they employ more than 4000 Guatemalans.”
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“With the present visa restrictions in the US, Indian companies can also look into the possibility of expanding their operations to countries like Guatemala to serve their US customers. This is also called nearshoring,” he added.
The envoy who was recently in India had visited NASSCOM and held a meeting with the top leadership about exploring opportunities in the Central American country. “Indian industry is interested in expanding its operations in Central America. I have requested NASSCOM to explore the possibility of mounting a delegation to Guatemala,” Mubarak said.
Source: Financial Express
