Indian market a better yielding field for PwC, with 17% growth in last one year


PricewaterhouseCoopers (PwC) India had marked an annual record worldwide of being the fastest growth, revenue-wise. India gains public attention over a year, having made a note of 17% hike in its revenue. While PwC firms in China and Hong Kong progress by eight percent in the same period.

Currently, the headcount of PwC India network is 11,500. However, in the economic year it has accumulated to over 53,000 employees. This happened distinctively when PwC globally overpowered Deloitte becoming a giant professional service firm amongst Big4. Striking a record PwC acquired global revenue of $35.4 billion in a year.

Not revealing PwC’s revenue from its Indian business Deepak Kapoor, the chairman of PwC India said, "PwC India clocking the fastest growth rate in the PwC network is a reflection of the immense opportunities in the Indian market for professional services. Anticipating disruptive changes and investing in scaling up our capabilities to cater to our clients' need in this ever-evolving business environment has really paid off well. We have got great momentum going into FY16 and advising clients from strategy to execution and co-creating sustainable solutions with them will dominate the landscape for us."

Watching a blooming progress in the country, PwC has been growing in double-digit for the last three years. "The global business environment remains challenging, with a continuing patchy economic picture, geopolitical issues creating uncertainty for business and fierce competition in the professional services market. Despite these challenges the PwC network performed exceptionally well in FY15 with a growth of 10%, pushing revenues over the US$35 billion mark for the first time," says Dennis M. Nally, chairman PwC International. It has also witnessed the expansion on aggressive positioning the development in areas like taxation, auditing and advisory.


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