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By expanding their presence in India, the Big Four- Big Four – Deloitte, PwC, EY, and KPMG can tap into this rich talent pool to support their global operations and enhance their service offerings.
According to estimates from top company officials and industry insiders, the Big Four firms– Deloitte, PWC, EY, KPMG, and their shared services units in India are projected to hire around 1,00,000 people in FY25. Gross hiring for these companies stood at 88,000 in FY24.
The Big Four accounting firms—Deloitte, PwC, EY, and KPMG—are currently on a significant hiring spree in India, driven by various factors that reflect the country’s economic growth, digital advancements, and changing regulatory environment.
These firms are rapidly expanding their workforce to meet the growing needs of businesses and retain their competitive edge in a dynamic market. Let’s explore why these Big Four accounting firms are on a hiring spree in India-
Expanding Client Demand
India’s economy has been experiencing steady growth, with both domestic and multinational companies increasingly seeking professional services in areas such as audit, tax, consulting, and advisory.
As businesses scale, they require more robust support for managing compliance, regulatory requirements, and strategic initiatives.
Multinational corporations entering India also rely on the Big Four for expert guidance in navigating the complex legal and financial landscape. This growing demand for services is driving these firms to boost their recruitment efforts significantly.
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Digital Transformation
A key driver behind the hiring spree is the digital transformation wave that has swept across industries. Businesses are investing heavily in modernizing their IT infrastructure, improving cybersecurity, and utilizing data analytics and automation to drive operational efficiency.
The Big Four are positioning themselves as leaders in offering digital consulting services, and helping clients with IT strategy, digital security, and process automation.
To cater to this rising demand, they are recruiting professionals with expertise in emerging technologies like artificial intelligence, machine learning, and cloud computing.
Global Delivery Centers Expansion
India has become a crucial hub for global operations, and the Big Four have established large global delivery centers in the country to handle back-office operations, shared services, and client management for international markets.
These centers enable the firms to lower operational costs while enhancing service delivery for clients across regions such as Europe, the U.S., and the Middle East.
As demand for global delivery services continues to rise, the Big Four are aggressively hiring to expand their workforce and scale their services globally.
Focus on ESG and Sustainability
The growing emphasis on Environmental, Social, and Governance (ESG) initiatives has further spurred the need for advisory services.
Companies are increasingly aligning their strategies with sustainability goals, and the Big Four are building ESG advisory teams to support businesses in complying with evolving regulations and achieving their corporate responsibility objectives.
This focus on sustainability has led to the creation of new roles within these firms, providing more opportunities for job growth.
Service Diversification and M&A
The Big Four are expanding their service offerings beyond traditional audit and tax into areas such as risk management, legal advisory, and mergers and acquisitions (M&A).
India’s burgeoning startup ecosystem and the rise of tech-driven businesses have increased demand for M&A advisory and financial strategy services.
The firms are hiring professionals with expertise in these areas to help clients navigate complex business transactions and expansion strategies.
Explore Job Opportunities at Big Four – Deloitte, PwC, EY, and KPMG
Job aspirants can explore career opportunities with the Big Four in India on their official career page.
Conclusion
In conclusion, the Big Four’s hiring spree in India is a response to the country’s rapid economic growth, technological advancements, regulatory changes, and heightened focus on ESG.
With plans to hire nearly 1,00,000 people in this fiscal, they are gearing up to meet rising client demand while bolstering their talent pool to stay competitive in a constantly evolving business environment.
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