Firstsource among Fastest Growing Indian Companies in the UK

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Scores high in Grant Thornton UK LLP report

Firstsource Solutions (NSE:FSL, BSE:532809), a leading global provider of business process outsourcing (BPO) services, is ranked 15th in the UK’s top 41 fastest-growing Indian companies list, published by business and financial advisers Grant Thornton UK LLP.

As well as being the highest ranked Business Process Outsourcing company in the list, it is also ranked as the 6th largest Indian employer in the UK, in the report ‘India meets Britain – Tracking the UK’s top Indian companies,’ published in collaboration with the Confederation of Indian Industry (CII).

The report says: “Indian companies are succeeding in the UK and contributing to overall economic prosperity. Our Tracker monitors UK businesses with ultimate Indian parent companies to identify the fastest-growing companies by turnover, as well as the top Indian employers. It provides a unique insight into the scale, business activities, locations and performance of Indian-owned companies making the biggest impact in the UK.”

Iain Regan, Executive Vice-President, Sales and Marketing, Firstsource Solutions, said: “We are pleased to have scored so highly in this prestigious list. It is indicative of the success of our global “rightshore” model where at least 70% of our global operations are based in the countries they serve.

“By investing in this way we ensure we get close to our clients and their customers while providing employment opportunities in those local economies. It’s why we have been able to employ thousands of people in the UK over the last decade and more.

“We have recently launched a range of market leading new products, industry tools and platforms including First Customer Intelligence, First Chat and First Smartomation, which we have been introducing to our clients to help them deliver real business improvements. The future therefore looks bright, as we plan to expand our services, particularly in the financial services and telecoms sectors.”

For more information about India meets Britain – Tracking the UK’s top Indian companies, visit: http://www.grant-thornton.co.uk/Documents/India-meets-Britain-tracker-report.pdf

About Firstsource:

Firstsource (NSE: FSL, BSE: 532809, Reuters: FISO.BO, Bloomberg: FSOL@IN) is a leading global provider of customized Business Process Outsourcing (BPO) services to the Healthcare, Telecom & Media and Banking & Financial Services industries. The company’s clients include Fortune 500, FTSE 100 & Nifty 50 companies. Firstsource has a “rightshore” delivery model with operations in India, Ireland, Philippines, Sri Lanka, UK and U.S. (www.firstsource.com).

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