siliconindia | | December 20184Since the time when Akbar had Birbal and Chandragupta had Chanakya, consulting has always been a key to successful management and this has just evolved over the years with business people and organizations around the world now depending upon the wise counsel of expert consultants for their survival and growth. Corporates don't even refrain from paying huge amount for an hour's consultation from the experienced, knowledgeable, and innovative professionals across the globe. An estimate states that there are about 6000 consultancy firms in metropolitan cities including Delhi (25.7 percent) followed by, Mumbai (25.5 percent), Chennai (12.1 percent) and Kolkata (9.1 percent). Moreover, service sector contributes more than 50 percent to nation's GDP. Besides, there are around 2000 R&D institutions and laboratories supporting several domestic consultancy organizations directly or indirectly at a reasonable cost. This fast growth of this sector in India is largely attributable to improved investment activities, entry of many big players into the Indian market, relaxation of previous FDI restrictions, and strong capabilities in areas like IT, management, civil engineering, telecommunication, petrochemicals, power and metallurgy. Today, from offering plain vanilla analytics to working hand-in-hand with clients and offering them solutions, the role of consulting industry has reformed. Whether the focus is on strategy, operations, tax, finance, HR, or IT, consultants are now a staple of corporate life. In recent years, the demand of specialist consulting services is being immensely sought by customers in India, which has eventually opened the opportunity for a large number of consultants to help businesses with expert knowledge base and resources. Due to constantly increasing demand, the industry is estimated to grow at a compounded annual growth rate of 30 percent to become a Rs 27,000 crores industry by 2020, as per the reports of The Associated Chambers of Commerce and Industry of India (Assocham). In this annual edition of siliconindia, we are presenting the story of some of the eminent consultants from the industry. This issue of `Consultants of the Year ­ 2018' will give you a detailed provision into their offerings, expertise and future roadmaps that they have.Do let us know what you think!Deepshikha SinghSpecial Editoreditor@siliconindia.comEditorialHow Consulting is Reforming in India Vol 02 · Issue 3 - 15 · December, 2018 Publisher Alok Chaturvedi Special Editor Deepshikha Singh Editorial Team Aveek Pal Choudhuri John Roshan Anto Krupa P. Dave Lesly Joseph Sophia Rohtagi Sujith Vasudevan Susma Kerketta Trisha Pragya Subhadarshani Mohanty VP - Sales & Marketing Virupakshi Pattar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit https://www.siliconindiamagazine.com/subscribe/ or send email to subscription@siliconindia.com Cover price is Rs.500 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2018 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.comVisualisers Veena R Piddannavar Vishnu T R Group Art DirectorAshok KumarNoidaAshu Sethi Garima Anand Circulation Manager Magendran PerumalAmeet Kumar Sahoo Sambit Satpathy Prangya Tripathy Shashi RajanCONSULTANTS
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