Kolkata, 30 August 2022: Year 2022 marks the 150th anniversary for PwC in India, a milestone the firm has reached thanks to its unwavering ability to embrace change and the unflinching faith reposed in it by its clients and people.
For PwC in India, the century and a half has been a journey of trust, resilience and value – a story of evolution and transformation aligned to the nation’s development. On this occasion, Sanjeev Krishan, Chairman, PwC in India, said: “It is truly an honour and privilege for us today to celebrate the legacy built by the firm’s leaders as we continue to realise their vision. The last century and a half has not just been about wins and achievements, it has also been about learning. We have taken those learnings to become stronger, more focused and better positioned to deliver on our purpose of solving important problems and building a strong culture of respect, inclusion and transparency.”
From the time of its inception, PwC in India has been a respected name in the market for its high-calibre, talented workforce. Today, the network of firms in India with offices across the country offers a full suite of professional services to its clients. Clocking 22% YoY revenue growth in the last fiscal, the firm is addressing the needs of the transformative journey that Indian businesses are undertaking by leveraging the strengths of its multidisciplinary practices. A majority of the recent investments by the firm are in the areas of technology and management consulting, risk and deals, including organic acquisitions to deepen existing problem-solving capabilities and add scale. The domestic market is a huge focus and the firm is looking to expand its reach – having opened 3 new offices this year – to come closer to clients and tap into the immense talent pools across the country.
“We have been fortunate to be a part of India’s tryst with major transformative changes that are now chronicled in history. For us, the commemoration of this milestone is an opportunity not only to look back and celebrate our excellence in client delivery but also to look ahead and reflect upon our responsibility in the overall growth journey of our nation. Armed with our new strategy, we remain relentlessly focused on playing our part in realising India’s ambition of becoming a USD 5 trillion dollar economy. We look forward to collaborating with our clients, our people and the larger stakeholder ecosystem to create the virtuous cycle between earning trust and delivering sustained outcomes necessary for our country to emerge as a global leader,” added Krishan.
The firm is making every effort to provide its people a challenging and holistic work environment that is characterised by diversity, upskilling and a focus on growth opportunities. To cater to the aspiration of being relevant to India Inc.’s growth plans, the network of firms is also aggressively hiring. The plan was to hire 10,000 people over a 5-year period across priority areas such as cloud, digital, analytics, cyber and emerging technologies – a number that now looks achievable in a 3–4 year period.
PwC in India kicks off its sesquicentennial celebrations with a series of high-decibel engagements with all its stakeholders, including clients, people and communities. For more information on 150 years of PwC in India, please visit www.pwc.in/150years
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 155 countries with over 327,000 people who are committed to delivering quality assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.
PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.
© 2022 PwC. All rights reserved.
Within PwC member firms in India (each such member being a separate and distinct legal entity), there is a history of providing professional services that dates back to 150 years; it is clarified that such services have been historically provided and have evolved over a period of time - in accordance with applicable laws, rules and regulations - through various relevant firms in India forming part of applicable network(s) as they existed from time to time.
(c) 2022 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.
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