PwC India to invest Rs 1,600 crore, create 10,000 job options in next five years

The firm’s latest business strategy is based on analysis of trends and thousands of conversations with clients and stakeholders.

On Wednesday, PcW India said in a statement that it will invest ₹1,600 crore and create 10,000 jobs opportunities in the country in the next five years.

During the announcement of its new business strategy called “The New Equation”, the global consultancy firm said that it would also increase its campus hiring by over five times, work towards a minimum of 40 per cent gender diversity and continue to spend at least a per cent of its revenues in upskilling people and partners.

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An initiative is a new approach in how PcW views opportunities to serve clients as they work to build trust alongside delivering sustained business outcomes to their shareholders.

The Chairman of PcW India, Sanjeev Krishnan, stated, “India has strong economic fundamentals, a huge advantage in the form of its demographic dividend and an ecosystem to boost innovation. Our new strategy will enable us and our clients to further the country’s  economic development, harness the potential of the domestic market and create more opportunities for society at large.” Presently, PcW India has around 15,000 employees.

Furthermore, the firm will focus on ESG, Deals, Risk and Regulatory and Transformation, and will increase the focus on existing alliances led by technology as well as explore avenues in areas of emerging technologies.

Regarding 10,000 additional jobs, a large proportion of these would come under areas of digital, cloud, cyber, analytics and emerging technologies.