Essar Group's BPO arm, Aegis BPO, is planning a major expansion in South Africa including buying out assets. In a report published in the Hindu Business Line the company CEO said that the company is looking aggressively at geographical expansions. “In addition to enhancing operations in the existing markets, we are currently looking to expand our footprint to South Africa, which is a developing market,'' Aegis BPO's Chief Executive Mr Aparup Sengupta.

The company is planning an outright acquisition or buying out assets of an existing BPO firm in South Africa, the details of which are yet to be finalized. The company is evaluating six companies and is yet to zero down on any one particular target. The acquisition or assets purchased will be in the area of customer lifecycle management space.

Aegis BPO has acquired 11 firms worldwide in the last three years. Last October, it had acquired Nasdaq-listed off-shoring firm 'PeopleSupport' for close to Rs 1,057 crore that enabled it to add Philippines to its list of delivery locations. The firm has also evinced interest in the BPO arm of the beleaguered Satyam Computers.