PwC India and PwC US announced today a joint venture to expand PwC’s presence in India and accelerate growth. With a current workforce of over 50,000 employees, PwC India expects to grow its talent pool to 80,000 over the next five years.
This move aligns with The New Equation, PwC’s global strategy launched in 2021, which focuses on contributing to the economic development of India, harnessing the domestic market’s potential, and creating opportunities for society at large.
PwC India has been expanding its geographical presence in the country, opening three new offices in Bhubaneswar, Jaipur, and Noida in 2022, to focus on hiring local talent.
The firm is also making strategic investments in response to the changing business environment and the evolving needs of clients, such as enhancing in-demand capabilities and service offerings through acquisitions and investments in practices like managed services, contract compliance, captive advisory, and product development.
Sanjeev Krishan, chairperson of PwC in India, stated that the firm is committed to playing a meaningful role in India’s growth story and is working closely with clients and stakeholders to help solve important problems.
Tim Ryan, Chair and Senior Partner of PwC US, added that the enhanced collaboration between PwC India and PwC US will accelerate the growth of the global talent footprint and help deliver greater value to clients while creating more opportunities for employees to develop technical acumen.
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