PwC India, US to Create 40,000-Strong Consulting JV: India to Get Operating Control
The proposed venture will combine consulting and India-based acceleration centres to expand global delivery and give PwC India access to wider partner networks.
- On Sunday, PwC US and PwC India announced a joint venture combining their consulting businesses with India-based Acceleration Centers into a single platform launching with 40,000 employees.
- The move aims to remove "the middle man, PwC AC," streamlining delivery by integrating market relationships, industry expertise, and delivery teams to better support US-headquartered enterprises with Global Capability Centers in India.
- PwC US will hold a 50.1% stake in the venture, while PwC India holds 49.9%. Executives expect this integration to grow the business from $1.3 billion to about $2 billion on day one, subject to regulatory approvals.
- Sanjeev Krishan, Chairperson of PwC India, will serve as CEO of the proposed entity. The transaction requires Competition Commission approval and is expected to close in the first half of calendar year 2027.
- Advancing a broader ambition to build a more globally integrated consulting model, the entity brings "technology, engineering and AI capabilities together at greater scale." It positions the firm to compete more effectively as a global network.
14 Articles
14 Articles
PwC US, India Form Joint Venture to Scale Advisory Capabilities, Target Global Clients
Get latest articles and stories on Business at LatestLY. PwC US and PwC India have announced a joint venture aimed at accelerating the delivery of consulting and advisory services to clients in India, the US and other global markets by combining their advisory talent and capabilities across the two countries. Business News | PwC US, India Form Joint Venture to Scale Advisory Capabilities, Target Global Clients.
PR Newswire
PwC US and PwC India Form Joint Venture to Help Clients Grow and Compete at Greater Speed and Scale
/PRNewswire/ -- PwC US and PwC India today announced a joint venture that brings together the full breadth of their advisory talent and capabilities across...
The Economic Times
Times of IndiaPwC India, US to create 40,000-strong consulting JV: India to get operating control
PwC India and PwC US plan to create a 40,000-employee consulting joint venture that would be worth about $2 billion at launch. PwC India will control operations despite holding 49.9%, bringing its consulting business together with PwC USs India-based acceleration centres to target global, domestic and GCC clients.
PwC India and US are planning to form a consulting joint venture with 40,000 employees, with an initial valuation of approximately $2 billion. PwC India will retain control, with a 49.9% stake.
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