Indian technology and manufacturing companies are lining up as much as USD66.8 million in investments in the Philippines that could generate up to 7,500 jobs, strengthening economic ties between Manila and New Delhi while spreading new projects beyond Metro Manila.
Cognizant, HCLTech, VVDN Technologies, and Hinduja Group presented expansion plans during a Sept. 12 roundtable with President Ferdinand Marcos Jr., Trade Secretary Cristina Roque, and Finance Secretary Frederick Go.
The meeting followed commitments made during Marcos’ visit to India in August 2025. The participating companies have a combined market capitalization of about USD65.55 billion and already have USD84.7 million in investments in the Philippines.
Cognizant plans to create 3,000 to 5,000 jobs over the next three years as it expands into artificial intelligence, cybersecurity, digital engineering, and global capability centers. It is evaluating locations in Tarlac, Clark, Cagayan de Oro, Dumaguete, and Urdaneta.
HCLTech, which supports more than 70 global clients from the Philippines, plans to sustain investments of about USD10 million while expanding AI and cybersecurity training and exploring opportunities for regional operations.
VVDN Technologies is finalizing a USD10 million to USD50 million electronics assembly and testing facility that could create around 500 manufacturing jobs. Subic, Laguna, and First Philippine Industrial Park are among the locations being considered.
Hinduja Group plans to invest about USD6 million through Hinduja Global Solutions to establish digitally enabled staffing centers in Metro Manila, creating about 1,200 skilled jobs. Its automotive arm, Ashok Leyland, is also pursuing a commercial vehicle assembly project.
Trade Secretary Roque said the projects would bring “thousands of high-value jobs” while helping broaden the geographic base of foreign investment.
The proposed projects also highlight the Philippines’ push to attract higher-value technology, electronics, and manufacturing activities as Indian companies expand their global operations.
