WPP group in $100 mn BPO deal with WNS

Image
Parvathy Ullatil Mumbai
Last Updated : Feb 06 2013 | 7:38 PM IST
The world's largest media conglomerate, the WPP group, has inked a $100 million outsourcing deal with WNS Global, India's largest third party business process outsourcing (BPO) company.
 
The deal, spread over the next three years, involves four of WPP's market research entities.
 
"The group has decided to outsource a fair amount of work to India and this deal is a part of its bigger plans for the country," sources at the WPP group said.
 
As a part of this strategy, WPP group advertising powerhouse Ogilvy and Mather has already begun outsourcing its creative and non-creative work to its Indian affiliate.
 
WNS Global also confirmed that it has signed up with the WPP group for market research, but refused to divulge the actual quantum of work, citing a non-disclosure agreement.
 
Of the $100 million total size, projects worth $ 20 million will be completed in the first year, another $50 million in the second year and the last tranche of $30 million will be completed in 2006-2007.
 
The kind of work outsourced involves questionnaire design, survey programming, the actual survey, data cleansing, data processing and analysis, to preparing the final presentation.
 
The WPP group has over 25 market research companies under its information, insight and consultancy umbrella.
 
Though currently just a Rs 400 crore business in India, MR is a Rs 85,000 crore industry worldwide.

 
 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 11 2004 | 12:00 AM IST

Next Story