The Big 4s To Expand Their Employee Strength in India
The Big 4 accounting firms are establishing an expanded workforce in India, augmenting their services for Indian clients with increased flexibility.
Deloitte, KPMG, Ernst & Young (EY), and PricewaterhouseCoopers ( PwC) deliver effective accounting and audit services like management consulting, corporate finance, and legal services for various decades. Currently, these firms are expanding on a rapid scale into technology services, thereby, increasing their population in India. As a result, these enterprises are imprinting their footprints on a robust note in India. Both Deloitte and EY have nearly one lakh employees in India, a fourth of the global employee population in these organizations. Whereas, PwC has 50, 000 Indian employees and the number for KPMG stands around 40,000.
These tech hiring faced a critical upsurge in the pandemic scenario, that often prompted a massive surge in global tech spending. An increased number of technologists to about 50,000 in number will likely be hired by Deloitte in upcoming years. Further, the big four accounting firms are aiming for direct competition with the Indian IT service firms and the likes of Accenture and Capgemini. The scope of offerings of these organisations is critically higher than IT businesses that are based in India.
Sathish Gopalaiah, president for consulting in Deloitte South Asia underlined their significance among their clients, who approach them to transform their organisation seamlessly with a distinct business plan and the pattern to implement the plan. He stated that as accountancy firms they aim at working with companies end-to-end.
All these firms deploy cloud specialists, and application developers with proven expertise in data science, automation, artificial intelligence (AI), DevOps, and the solutions of Systems, Applications & Products in Data Processing (sap), Oracle, Microsoft, Salesforce, Workday, and ServiceNow. They dedicated teams to render service for clients in India, and thus, are well-distinguished from traditional IT firms focussing on foreign clients.