PricewaterhouseCoopers said it will expand its presence in India and add 30,000 new jobs over the next five years, as it continues to build its India presence, potentially taking the employee count to over 80,000 by 2028.
Joint venture between PwC India and PwC US:
This follows the establishment of a joint venture between PwC India and PwC US to set up new global centres in India and scale up the existing ones that will help the firm accelerate growth and improve service quality. The firm currently employs over 50,000 employees in India between its Indian practice and the global delivery centres.
“Our enhanced collaboration between PwC India and PwC US will further accelerate the growth of our global talent footprint and help deliver greater value to our clients. It will also create more opportunities for our people to develop deep technical acumen – all underpinned by quality,” said Tim Ryan, chair and senior partner, PwC US.
India is a strategically important geography for the PwC Network:
PwC has been gradually expanding its geographical foothold in India for several years. In 2022, PwC India opened three new offices in Bhubaneswar, Jaipur, and Noida to focus on hiring “local, highly skilled talent,” the company said.
It is also making strategic investments as per the evolving needs of clients and stakeholders across the globe, PwC said. These investments are directed towards acquisitions and practices to strengthen the in-demand capabilities and service offerings, it said.
“India is a strategically important geography for the PwC Network. We will continue to focus on enhancing our local capabilities and capacities,” said Sanjeev Krishan, chairperson of PwC in India.
As part of The New Equation global strategy launched in 2021, PwC India pledged to advance the nation’s economic growth, tap into the domestic market’s potential, and generate more prospects for society. He further added, “we are committed to playing a meaningful role in India’s growth story and are working closely with clients and stakeholders to help solve important problems and create avenues towards a very bright future for our country. Our new venture is just one step forward in this direction and will further attempt to harness India’s vast demographic dividend.”
