In photos (L-R): PTIC New Delhi Commercial Counselor Eugenio “Buster” Elevado Jr. with Kimberly Salamatin (IBPAP), Jack Madrid (President, IBPAP), Ambassador Josel F. Ignacio, Jeanette Carrillo (IBPAP), Mark Anthony Dizon, Vice Consul, Philippine Embassy

The Department of Trade and Industry (DTI), through the Philippine Trade and Investment Center (PTIC) in New Delhi, bolstered the reputation and strength of the Philippines’ emerging Information Technology and Business Process Management (IT-BPM) industry through its participation at the 32nd National Association of Software and Services Companies’ (NASSCOM) Technology Leadership Forum (NTLF) at the Jio World Convention Center in Mumbai, India, last 20-21 February 2024.

To increase market access and global competitiveness of the Philippine IT-BPM industry, PTIC New Delhi partnered with the IT-Business Processing Association of the Philippines (IBPAP) in showcasing the capabilities of the Philippine IT-BPM sector to key industry players and stakeholders in India, further strengthening the country’s competitive position in the global IT-BPM market.

With this year’s theme “Shaping the Techade” the forum featured talks on Artificial Intelligence (AI) and its widespread applications in businesses and societies worldwide highlighting the importance of immediately adapting to significant changes and integrating AI across various sectors.

During the plenary session, Philippine Ambassador to India Josel F. Ignacio, presented the Philippine AI landscape and readiness to participate in AI initiatives. He cited that the AI adoption is projected to boost the Philippine economy by USD 90 billion. Moreover, Ambassador Ignacio also highlighted that the Philippines has the highest monthly search volume for AI tools and ranks fourth among countries with most AI users globally.

The NTLF gathered over 1,600 participants consisting of industry experts, tech innovators, and business leaders from 18 countries. It conducted several roundtable meetings and showcased over forty start-ups. Notably, the Philippine booth was visited by over 200 individuals from 93 companies.

India’s IT-BPM industry is one of its biggest economic contributors with an estimated revenue of USD 226 billion in 2022 and added 7.5 percent to India’s GDP. According to the German data gathering platform, Statista, it is also considered one of the biggest employers in India with 5.4 million people in the workforce in 2023. ♦

In photos: PTIC New Delhi Commercial Counselor Eugenio “Buster” Elevado Jr. with other Philippine delegates from Cloudstaff and Aon.
In photos (L-R): Vice Consul Mark Anthony Dizon, Philippine Embassy in India; Dr. Anuradha Bose, Chief Client Relationship Manager, Aon; Cris N. Rosenthal, Strategic Advisory Lead, Aon; Philippine Ambassador to India Ambassador Josel F. Ignacio; Jack Madrid, President, IBPAP; Toby Longhurst, Communications Manager, Cloudstaff; Alfrez James Quiambao, IT; Manager, Cloudstaff; Marie Ampeloquio, President, Radix-HR

Date of Release: 20 May 2024

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