- Hinduja Group, a long-time investor in the Philippines, signs up LOI committing more investments
- Group to explore new opportunities in Defence, Energy, Automotive, and Digital Technology
- First batch of 50 Ashok Leyland LCVs to be locally assembled and delivered in the Philippines
In a significant development, President Ferdinand Marcos Jr. of the Philippines, currently on a bilateral visit to India, met with the Hinduja Group delegation, led by Shom Hinduja, to further strengthen the strategic partnership with the Group. President Marcos Jr and his team invited the Hinduja Group to expand its investments in emerging opportunities across the sectors of Defence, Energy, Automotive, and Digital Technology.
Shom Hinduja, President Alternative Energy & Sustainability at the Hinduja Group, and a Board Member, Gulf Oil Lubricants, and Ashok Leyland, stated after the meeting, “President Marcos Jr. very passionately explained the new investment climate he is developing for the Philippines, which offers newer investment opportunities for our Group to explore, such as the growing Defence sector, Digital Technology, Energy, and Automotive – including Electric Vehicles from Switch Mobility and allied charging infrastructure from Gulf Oil to support the growth of Electric Vehicles in the Philippines. We shared with the President the details about the first batch of 50 LCVs being locally assembled and delivered in the Philippines by our India Flagship, Ashok Leyland. Hinduja Global Solutions (HGS) signed a Letter of Intent (LOI) with the Philippine Government to make significant investments to expand its local business operations, reaffirming its commitment to the country as a strategic growth market for its global operations.”
Through its global flagship, Gulf Oil International, the Hinduja Group, since 1998, is in a Joint venture collaboration with Philippine National Oil Company (PNOC) to operate Gulf Oil Philippines Inc (GOPi), a state-of-the-art plant which manufactures and distributes several of the marquee Gulf branded lubricants and other related products, tested and approved by leading engine manufacturers around the world.
In 2003, Hinduja Global Solutions (HGS), which provides intelligent Customer Experience and business process optimisation services to its major global clients, commenced operations in the Philippines. Today, it runs delivery centres across Manila NCR, Iloilo, and Cebu, with more than 3,500 employees. As part of its continued growth strategy and following the signing of the LOI, HGS is deepening its commitment to the Philippines by exploring further expansion of its customer experience (CX) and business process management footprint. This growth is supported by the country’s skilled workforce, robust infrastructure, and growing reputation as a hub for digital CX, BPO, and AI-powered solutions. As part of this commitment, HGS plans to make a significant investment in its Philippine operations and substantially expand its workforce over the next few years.