Spanco invests 400 cr in domestic BPO sector

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Mumbai, Dec 27: Spanco Telesystems&Solutions, the telecom system integration company has entered into the domestic BPO segment with an initial investment of Rs 400 crore.

Known as 'Spanco BPO', the new venture has set up two flagship customer support centres in Gurgaon and Mumbai to provide back-office services to domestic clients. "Given Spanco's erstwhile experience in the domestic space and proven technology competency, we will seek to differentiate ourselves by providing complete BPO solutions for organisations in India," said Sandeep Soni, Executive Director and Chief Executive Officer, Spanco BPO

The company plans to invest up to Rs 400 crore over next two years and will set up facilities across cities including Chennai, Jaipur, Mysore, Ahmedabad, Lucknow and Noida, the release said. Spanco has a current staff strength of around 3,000 and plans to recruit 2,000 more in the first phase of expansion, it added.

The company has a presence across US, UK and the middle-east and is listed on the Bombay Stock Exchange.

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